US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

MELI 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $1,831.8 and reclaim $1,926.

Invalidation Trigger

Lose $1,831.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 57.5, MACD 0.532

1h
Volatility EnvironmentBullish
Low volatility

ATR is $11.66 (0.61%)

1h

EMA Structure

Bullish
EMA 8$1,894.9Bullish
EMA 21$1,887.5Bullish
EMA 50$1,874.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.5 · MACD 0.532

Momentum is strong

Strength
Bullish
Volatility
ATR $11.66 · BB 2.98%

Low volatility

Strength
Bullish
Volume
MFI 21.6 · OBV 2.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,831.8 - $1,926

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.04% · 3.3 ATR above latest close

$1,937.7
Nearest resistance

+1.42% · 2.3 ATR above · 34-bar high

$1,926
Current price

Price shown is delayed

$1,899
Nearest support

-3.54% · 5.8 ATR below · 34-bar low

$1,831.8
Deeper support zone

-4.16% · 6.8 ATR below latest close

$1,820.1
ATR zone

Latest close ± ATR14

$1,887.3 - $1,910.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,905.7, invalidation $1,876

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

Trend strength is active

27.3 / 45.3 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,853.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,895.6 / $1,878.6Bullish
Donchian Channel (20)

20-period breakout channel position

62%Bullish

Volatility

ATR (14)

Low volatility

$11.66 (0.61%)Bullish
Bollinger Bands (20,2)

Width 2.98%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,917.1 / $1,858.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,887.3 / $1,910.7Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,926Range
Support

Nearest Downside Decision Level

$1,831.8Range

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is positive

0.532Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.8 / 47.9Bullish
Williams %R (14)

Neutral zone

-48.2Range
CCI (20)

Balanced zone

66.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

2.68%Bullish
Volume ratio

Relative to 20-period average volume

3.70xBullish

Trend

Dow Theory Structure

Confirmation $1,905.7, invalidation $1,876

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

Trend strength is active

27.3 / 45.3 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,853.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,895.6 / $1,878.6Bullish
Donchian Channel (20)

20-period breakout channel position

62%Bullish

Momentum

RSI (14)

Momentum is strong

57.5Bullish
MACD (12,26,9)

Histogram is positive

0.532Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.8 / 47.9Bullish
Williams %R (14)

Neutral zone

-48.2Range
CCI (20)

Balanced zone

66.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$11.66 (0.61%)Bullish
Bollinger Bands (20,2)

Width 2.98%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,917.1 / $1,858.9Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,887.3 / $1,910.7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

2.68%Bullish
Volume ratio

Relative to 20-period average volume

3.70xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,926Range
Support

Nearest Downside Decision Level

$1,831.8Range

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