US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

3 monthsBullish57%
3M Upside probability 57%Bullish

MELI 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

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 below EMA21

3M
Momentum StateBullish
Momentum improving

RSI 51.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $519.97 (35.25%)

3M

EMA Structure

Range
EMA 8$1,759.4Bearish
EMA 21$1,591Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 51.1 · MACD --

Neutral zone

Strength
Bullish
Volatility
ATR $519.97 · BB 124.53%

High volatility

Strength
Bearish
Volume
MFI 54.1 · OBV 240.42%

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

+114.58% · 3.3 ATR above latest close

$3,165.2
Nearest resistance

+79.33% · 2.3 ATR above · 30-bar high

$2,645.2
Current price

Price shown is delayed

$1,475.1
Nearest support

-71.38% · 2.0 ATR below · 30-bar low

$422.22
Deeper support zone

-106.63% · 3.0 ATR below latest close

-$97.75
ATR zone

Latest close ± ATR14

$955.12 - $1,995.1

Indicators

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $600.69

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

Trend strength is active

22.6 / 19.3 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$22.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,839 / --Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

High volatility

$519.97 (35.25%)Bearish
Bollinger Bands (20,2)

Width 124.53%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,730.3 / $506.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$955.12 / $1,995.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

26.0 / 38.8Bearish
Williams %R (14)

Neutral zone

-74.0Range
CCI (20)

Balanced zone

6.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

240.42%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $600.69

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

Trend strength is active

22.6 / 19.3 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$22.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,839 / --Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

51.1Range
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

26.0 / 38.8Bearish
Williams %R (14)

Neutral zone

-74.0Range
CCI (20)

Balanced zone

6.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$519.97 (35.25%)Bearish
Bollinger Bands (20,2)

Width 124.53%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,730.3 / $506.3Bearish
ATR channel lower / upper

Current Volatility Envelope

$955.12 / $1,995.1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

240.42%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

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