US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 monthBearish66%
Monthly Downside probability 66%Bearish

MELI 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,932.4 and stabilize above resistance $2,645.2.

Invalidation Trigger

Break above $2,645.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 50.5, MACD -67.438

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $305.87 (15.91%)

Monthly

EMA Structure

Range
EMA 8$1,877.1Bullish
EMA 21$1,932.4Bearish
EMA 50$1,750.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.5 · MACD -67.438

Neutral zone

Strength
Range
Volatility
ATR $305.87 · BB 55.41%

High volatility

Strength
Bearish
Volume
MFI 22.5 · OBV -238.41%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,215 - $2,645.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+53.48% · 3.4 ATR above latest close

$2,951.1
Nearest resistance

+37.58% · 2.4 ATR above · 34-bar high

$2,645.2
Current price

Price shown is delayed

$1,922.7
Nearest support

-36.81% · 2.3 ATR below · 34-bar low

$1,215
Deeper support zone

-52.72% · 3.3 ATR below latest close

$909.14
ATR zone

Latest close ± ATR14

$1,616.9 - $2,228.6

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is moderate

20.7 / 12.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$931.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,994.3 / $1,623Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

High volatility

$305.87 (15.91%)Bearish
Bollinger Bands (20,2)

Width 55.41%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,554.3 / $1,315.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,616.9 / $2,228.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$1,215Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-67.438Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 29.4Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

-53.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.5Bearish
OBV slope

20-period OBV slope

-238.41%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is moderate

20.7 / 12.9 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$931.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,994.3 / $1,623Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

50.5Range
MACD (12,26,9)

Histogram is negative

-67.438Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.2 / 29.4Bullish
Williams %R (14)

Neutral zone

-62.8Range
CCI (20)

Balanced zone

-53.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$305.87 (15.91%)Bearish
Bollinger Bands (20,2)

Width 55.41%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,554.3 / $1,315.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,616.9 / $2,228.6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.5Bearish
OBV slope

20-period OBV slope

-238.41%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$1,215Range

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