US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

3 monthsBullish87%
3M Upside probability 87%Bullish

MELI 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $422.22 and reclaim $2,645.2.

Invalidation Trigger

Lose $422.22 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 57.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $492.32 (25.77%)

3M

EMA Structure

Range
EMA 8$1,881Bullish
EMA 21$1,619.1Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $492.32 · BB 126.02%

High volatility

Strength
Bearish
Volume
MFI 56.1 · OBV -34.34%

Relative to 20-period average volume

Strength
Range
Price Levels
$422.22 - $2,645.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+64.26% · 2.5 ATR above latest close

$3,137.5
Nearest resistance

+38.48% · 1.5 ATR above · 29-bar high

$2,645.2
Current price

Price shown is delayed

$1,910.2
Nearest support

-77.9% · 3.0 ATR below · 29-bar low

$422.22
Deeper support zone

-103.67% · 4.0 ATR below latest close

-$70.1
ATR zone

Latest close ± ATR14

$1,417.8 - $2,402.5

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

24.5 / 18.9 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$191.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,805.1 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Volatility

ATR (14)

High volatility

$492.32 (25.77%)Bearish
Bollinger Bands (20,2)

Width 126.02%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,736.5 / $564.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,417.8 / $2,402.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

53.5 / 51.1Bullish
Williams %R (14)

Neutral zone

-46.5Range
CCI (20)

Balanced zone

46.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.1Bullish
OBV slope

20-period OBV slope

-34.34%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

24.5 / 18.9 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$191.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,805.1 / --Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Momentum

RSI (14)

Momentum is strong

57.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

53.5 / 51.1Bullish
Williams %R (14)

Neutral zone

-46.5Range
CCI (20)

Balanced zone

46.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$492.32 (25.77%)Bearish
Bollinger Bands (20,2)

Width 126.02%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,736.5 / $564.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,417.8 / $2,402.5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.1Bullish
OBV slope

20-period OBV slope

-34.34%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

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