US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 hourBullish82%
1h Upside probability 82%Bullish

MELI 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $1,842 and reclaim $1,897.3.

Invalidation Trigger

Lose $1,842 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 54.3, MACD -0.427

1h
Volatility EnvironmentBullish
Low volatility

ATR is $13.81 (0.74%)

1h

EMA Structure

Bullish
EMA 8$1,865.9Bullish
EMA 21$1,862.9Bullish
EMA 50$1,849.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.427

Neutral zone

Strength
Bullish
Volatility
ATR $13.81 · BB 2.09%

Low volatility

Strength
Bullish
Volume
MFI 59.0 · OBV -5.47%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,842 - $1,897.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.2% · 3.0 ATR above latest close

$1,911.1
Nearest resistance

+1.46% · 2.0 ATR above · 34-bar high

$1,897.3
Current price

Price shown is delayed

$1,870
Nearest support

-1.5% · 2.0 ATR below · 34-bar low

$1,842
Deeper support zone

-2.23% · 3.0 ATR below latest close

$1,828.2
ATR zone

Latest close ± ATR14

$1,856.2 - $1,883.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,880.5, invalidation $1,842

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.0 / 23.9 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,823.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,865.4 / $1,842.9Bullish
Donchian Channel (20)

20-period breakout channel position

73%Range

Volatility

ATR (14)

Low volatility

$13.81 (0.74%)Bullish
Bollinger Bands (20,2)

Width 2.09%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,895 / $1,831.3Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,856.2 / $1,883.8Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,897.3Range
Support

Nearest Downside Decision Level

$1,842Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.427Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.8 / 58.3Bullish
Williams %R (14)

Neutral zone

-27.2Range
CCI (20)

Balanced zone

58.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

-5.47%Bearish
Volume ratio

Relative to 20-period average volume

2.64xBullish

Trend

Dow Theory Structure

Confirmation $1,880.5, invalidation $1,842

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.0 / 23.9 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,823.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,865.4 / $1,842.9Bullish
Donchian Channel (20)

20-period breakout channel position

73%Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.427Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.8 / 58.3Bullish
Williams %R (14)

Neutral zone

-27.2Range
CCI (20)

Balanced zone

58.7Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$13.81 (0.74%)Bullish
Bollinger Bands (20,2)

Width 2.09%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,895 / $1,831.3Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,856.2 / $1,883.8Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

-5.47%Bearish
Volume ratio

Relative to 20-period average volume

2.64xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,897.3Range
Support

Nearest Downside Decision Level

$1,842Range

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