US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

4 hoursBearish85%
4h Downside probability 85%Bearish

MELI 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,513.5 and stabilize above resistance $1,768.

Invalidation Trigger

Break above $1,768 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.2, MACD 2.375

4h
Volatility EnvironmentBullish
Low volatility

ATR is $21.89 (1.48%)

4h

EMA Structure

Bearish
EMA 8$1,491.1Bearish
EMA 21$1,513.5Bearish
EMA 50$1,572.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.2 · MACD 2.375

Momentum is weak

Strength
Bearish
Volatility
ATR $21.89 · BB 5.14%

Low volatility

Strength
Bullish
Volume
MFI 20.9 · OBV 2.85%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,465.1 - $1,768

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.18% · 14.3 ATR above latest close

$1,789.9
Nearest resistance

+19.7% · 13.3 ATR above · 34-bar high

$1,768
Current price

Price shown is delayed

$1,477
Nearest support

-0.81% · 0.5 ATR below · 34-bar low

$1,465.1
Deeper support zone

-2.29% · 1.5 ATR below latest close

$1,443.2
ATR zone

Latest close ± ATR14

$1,455.1 - $1,498.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,513.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

37.8 / 11.9 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,417Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,502 / $1,616.5Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$21.89 (1.48%)Bullish
Bollinger Bands (20,2)

Width 5.14%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,550.9 / $1,472.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,455.1 / $1,498.9Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,768Range
Support

Nearest Downside Decision Level

$1,465.1Range

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is positive

2.375Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.2 / 20.1Bearish
Williams %R (14)

Oversold zone

-83.8Bullish
CCI (20)

Weak expansion

-135.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

20.9Bearish
OBV slope

20-period OBV slope

2.85%Bullish
Volume ratio

Relative to 20-period average volume

1.98xBullish

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,513.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

37.8 / 11.9 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,417Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,502 / $1,616.5Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

34.2Bearish
MACD (12,26,9)

Histogram is positive

2.375Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.2 / 20.1Bearish
Williams %R (14)

Oversold zone

-83.8Bullish
CCI (20)

Weak expansion

-135.5Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$21.89 (1.48%)Bullish
Bollinger Bands (20,2)

Width 5.14%

10%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,550.9 / $1,472.2Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,455.1 / $1,498.9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

20.9Bearish
OBV slope

20-period OBV slope

2.85%Bullish
Volume ratio

Relative to 20-period average volume

1.98xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,768Range
Support

Nearest Downside Decision Level

$1,465.1Range

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