US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

3 monthsBullish81%
3M Upside probability 81%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 54.7, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $492.26 (29.02%)

3M

EMA Structure

Range
EMA 8$1,808.6Bearish
EMA 21$1,611.2Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $492.26 · BB 123.74%

High volatility

Strength
Bearish
Volume
MFI 56.0 · OBV 346.42%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$422.22 - $2,645.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+84.93% · 2.9 ATR above latest close

$3,137.5
Nearest resistance

+55.92% · 1.9 ATR above · 30-bar high

$2,645.2
Current price

Price shown is delayed

$1,696.6
Nearest support

-75.11% · 2.6 ATR below · 30-bar low

$422.22
Deeper support zone

-104.13% · 3.6 ATR below latest close

-$70.04
ATR zone

Latest close ± ATR14

$1,204.3 - $2,188.8

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

23.2 / 20.4 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$148.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,846.5 / --Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Volatility

ATR (14)

High volatility

$492.26 (29.02%)Bearish
Bollinger Bands (20,2)

Width 123.74%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,673.8 / $604.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,204.3 / $2,188.8Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

40.0 / 43.4Bearish
Williams %R (14)

Neutral zone

-60.0Range
CCI (20)

Balanced zone

19.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

346.42%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

23.2 / 20.4 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$148.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,846.5 / --Bearish
Donchian Channel (20)

20-period breakout channel position

54%Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

40.0 / 43.4Bearish
Williams %R (14)

Neutral zone

-60.0Range
CCI (20)

Balanced zone

19.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$492.26 (29.02%)Bearish
Bollinger Bands (20,2)

Width 123.74%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,673.8 / $604.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,204.3 / $2,188.8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.0Bullish
OBV slope

20-period OBV slope

346.42%Bullish
Volume ratio

Relative to 20-period average volume

0.04xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

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