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 57.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $502.32 (26.47%)

3M

EMA Structure

Range
EMA 8$1,878.1Bullish
EMA 21$1,618Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 57.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $502.32 · BB 125.96%

High volatility

Strength
Bearish
Volume
MFI 57.5 · OBV -16.38%

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

+65.89% · 2.5 ATR above latest close

$3,147.5
Nearest resistance

+39.42% · 1.5 ATR above · 29-bar high

$2,645.2
Current price

Price shown is delayed

$1,897.4
Nearest support

-77.75% · 2.9 ATR below · 29-bar low

$422.22
Deeper support zone

-104.22% · 3.9 ATR below latest close

-$80.1
ATR zone

Latest close ± ATR14

$1,395 - $2,399.7

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

24.8 / 20.5 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$219.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

63%Range

Volatility

ATR (14)

High volatility

$502.32 (26.47%)Bearish
Bollinger Bands (20,2)

Width 125.96%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,763.3 / $535.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,395 / $2,399.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

52.7 / 50.8Bullish
Williams %R (14)

Neutral zone

-47.3Range
CCI (20)

Balanced zone

53.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.5Bullish
OBV slope

20-period OBV slope

-16.38%Bearish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

24.8 / 20.5 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$219.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

63%Range

Momentum

RSI (14)

Momentum is strong

57.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

52.7 / 50.8Bullish
Williams %R (14)

Neutral zone

-47.3Range
CCI (20)

Balanced zone

53.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$502.32 (26.47%)Bearish
Bollinger Bands (20,2)

Width 125.96%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,763.3 / $535.7Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,395 / $2,399.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.5Bullish
OBV slope

20-period OBV slope

-16.38%Bearish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

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