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 $1,931.2 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 50.2, MACD -68.240

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $294.91 (15.44%)

Monthly

EMA Structure

Range
EMA 8$1,874.3Bullish
EMA 21$1,931.2Bearish
EMA 50$1,749.9Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.2 · MACD -68.240

Neutral zone

Strength
Range
Volatility
ATR $294.91 · BB 55.50%

High volatility

Strength
Bearish
Volume
MFI 18.8 · OBV -346.09%

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

+53.92% · 3.5 ATR above latest close

$2,940.1
Nearest resistance

+38.48% · 2.5 ATR above · 34-bar high

$2,645.2
Current price

Price shown is delayed

$1,910.2
Nearest support

-36.39% · 2.4 ATR below · 34-bar low

$1,215
Deeper support zone

-51.83% · 3.4 ATR below latest close

$920.1
ATR zone

Latest close ± ATR14

$1,615.2 - $2,205.1

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is moderate

21.0 / 12.5 / 24.7Bearish
Supertrend (10,3)

Price is above Supertrend

$1,018Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$294.91 (15.44%)Bearish
Bollinger Bands (20,2)

Width 55.50%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,522.4 / $1,345.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,615.2 / $2,205.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$1,215Range

Momentum

RSI (14)

Neutral zone

50.2Range
MACD (12,26,9)

Histogram is negative

-68.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.1 / 29.0Bullish
Williams %R (14)

Neutral zone

-63.9Range
CCI (20)

Balanced zone

-47.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

18.8Bearish
OBV slope

20-period OBV slope

-346.09%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is moderate

21.0 / 12.5 / 24.7Bearish
Supertrend (10,3)

Price is above Supertrend

$1,018Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

50.2Range
MACD (12,26,9)

Histogram is negative

-68.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.1 / 29.0Bullish
Williams %R (14)

Neutral zone

-63.9Range
CCI (20)

Balanced zone

-47.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$294.91 (15.44%)Bearish
Bollinger Bands (20,2)

Width 55.50%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,522.4 / $1,345.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,615.2 / $2,205.1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

18.8Bearish
OBV slope

20-period OBV slope

-346.09%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$1,215Range

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