US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 hourBearish73%
1h Downside probability 73%Bearish

MELI 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,905.4 and stabilize above resistance $1,937.6.

Invalidation Trigger

Break above $1,937.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 45.7, MACD -1.460

1h
Volatility EnvironmentBullish
Low volatility

ATR is $10.29 (0.54%)

1h

EMA Structure

Bearish
EMA 8$1,904.7Bearish
EMA 21$1,905.4Bearish
EMA 50$1,911.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.7 · MACD -1.460

Neutral zone

Strength
Bearish
Volatility
ATR $10.29 · BB 1.47%

Low volatility

Strength
Bullish
Volume
MFI 53.7 · OBV -91.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,840 - $1,937.6

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.66% · 4.9 ATR above latest close

$1,947.8
Nearest resistance

+2.12% · 3.9 ATR above · 34-bar high

$1,937.6
Current price

Price shown is delayed

$1,897.4
Nearest support

-3.02% · 5.6 ATR below · 34-bar low

$1,840
Deeper support zone

-3.57% · 6.6 ATR below latest close

$1,829.7
ATR zone

Latest close ± ATR14

$1,887.1 - $1,907.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,933.5, invalidation $1,902.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.1 / 29.9 / 29.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,860Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,901.3 / $1,891.3Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Volatility

ATR (14)

Low volatility

$10.29 (0.54%)Bullish
Bollinger Bands (20,2)

Width 1.47%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,929.2 / $1,881.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,887.1 / $1,907.7Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,937.6Range
Support

Nearest Downside Decision Level

$1,840Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-1.460Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.5 / 10.7Bearish
Williams %R (14)

Oversold zone

-91.5Bullish
CCI (20)

Weak expansion

-172.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

-91.55%Bearish
Volume ratio

Relative to 20-period average volume

2.78xBullish

Trend

Dow Theory Structure

Confirmation $1,933.5, invalidation $1,902.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.1 / 29.9 / 29.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,860Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,901.3 / $1,891.3Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Momentum

RSI (14)

Neutral zone

45.7Range
MACD (12,26,9)

Histogram is negative

-1.460Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.5 / 10.7Bearish
Williams %R (14)

Oversold zone

-91.5Bullish
CCI (20)

Weak expansion

-172.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$10.29 (0.54%)Bullish
Bollinger Bands (20,2)

Width 1.47%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,929.2 / $1,881.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,887.1 / $1,907.7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.7Range
OBV slope

20-period OBV slope

-91.55%Bearish
Volume ratio

Relative to 20-period average volume

2.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,937.6Range
Support

Nearest Downside Decision Level

$1,840Range

Related Forecasts

MercadoLibre, Inc. (MELI) 1 hour chart technical analysis & forecast