US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

3 monthsBullish92%
3M Upside probability 92%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 56.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $505.45 (27.92%)

3M

EMA Structure

Range
EMA 8$1,833.8Bearish
EMA 21$1,621.5Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 56.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $505.45 · BB 123.81%

High volatility

Strength
Bearish
Volume
MFI 55.3 · OBV 400.71%

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

+74.06% · 2.7 ATR above latest close

$3,150.7
Nearest resistance

+46.13% · 1.7 ATR above · 30-bar high

$2,645.2
Current price

Price shown is delayed

$1,810.2
Nearest support

-76.67% · 2.7 ATR below · 30-bar low

$422.22
Deeper support zone

-104.6% · 3.7 ATR below latest close

-$83.23
ATR zone

Latest close ± ATR14

$1,304.7 - $2,315.6

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 / 19.8 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$185.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

59%Range

Volatility

ATR (14)

High volatility

$505.45 (27.92%)Bearish
Bollinger Bands (20,2)

Width 123.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,721.6 / $578.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,304.7 / $2,315.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

47.2 / 45.8Bullish
Williams %R (14)

Neutral zone

-52.8Range
CCI (20)

Balanced zone

34.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

400.71%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Trend

Dow Theory Structure

Confirmation $2,645.2, invalidation $1,495

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

Trend strength is active

23.2 / 19.8 / 15.0Bullish
Supertrend (10,3)

Price is above Supertrend

$185.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

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

20-period breakout channel position

59%Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

47.2 / 45.8Bullish
Williams %R (14)

Neutral zone

-52.8Range
CCI (20)

Balanced zone

34.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$505.45 (27.92%)Bearish
Bollinger Bands (20,2)

Width 123.81%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,721.6 / $578.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,304.7 / $2,315.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.3Bullish
OBV slope

20-period OBV slope

400.71%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,645.2Range
Support

Nearest Downside Decision Level

$422.22Range

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