US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

3 monthsBullish67%
3M Upside probability 67%Bullish

MELI 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $600.86 and reclaim $2,635.4.

Invalidation Trigger

Lose $600.86 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 50.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $505.94 (31.95%)

3M

EMA Structure

Range
EMA 8$1,851.7Bearish
EMA 21$1,564.2Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 50.9 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $505.94 · BB 125.67%

High volatility

Strength
Bearish
Volume
MFI 56.8 · OBV -172.91%

Relative to 20-period average volume

Strength
Range
Price Levels
$600.86 - $2,635.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+98.35% · 3.1 ATR above latest close

$3,141.3
Nearest resistance

+66.4% · 2.1 ATR above · 24-bar high

$2,635.4
Current price

Price shown is delayed

$1,583.7
Nearest support

-62.06% · 1.9 ATR below · 24-bar low

$600.86
Deeper support zone

-94.01% · 2.9 ATR below latest close

$94.92
ATR zone

Latest close ± ATR14

$1,077.8 - $2,089.7

Indicators

Trend

Dow Theory Structure

Confirmation $2,635.4, invalidation $1,326.4

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$58.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

48%Range

Volatility

ATR (14)

High volatility

$505.94 (31.95%)Bearish
Bollinger Bands (20,2)

Width 125.67%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,691.8 / $504.03Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,077.8 / $2,089.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,635.4Range
Support

Nearest Downside Decision Level

$600.86Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

42.2 / 54.4Bearish
Williams %R (14)

Neutral zone

-57.8Range
CCI (20)

Balanced zone

16.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-172.91%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Trend

Dow Theory Structure

Confirmation $2,635.4, invalidation $1,326.4

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$58.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

48%Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

42.2 / 54.4Bearish
Williams %R (14)

Neutral zone

-57.8Range
CCI (20)

Balanced zone

16.9Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$505.94 (31.95%)Bearish
Bollinger Bands (20,2)

Width 125.67%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,691.8 / $504.03Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,077.8 / $2,089.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.8Bullish
OBV slope

20-period OBV slope

-172.91%Bearish
Volume ratio

Relative to 20-period average volume

0.84xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,635.4Range
Support

Nearest Downside Decision Level

$600.86Range

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