MELI

MELI (MELI) — Range-bound

MELI (MELI) is trading at $1,823.52, -54.43 (-2.9%) on the session. Over the last 125 sessions the trend is flat with a -10.4% move. Price is -10.4% from its 6-month high and +17.9% from its 6-month low. Annualised volatility (30-day) is ~25%.

Trend Range-bound / consolidating

MELI (MELI) is trading at $1,823.52. Over the last 125 sessions the trend is **flat** with a -10.4% move.

Price is -10.4% from the 6-month high and +17.9% from the low. Annualised volatility (30-day) is ~25%.

Price is below the 15-day MA ($1,848.47, -1.3%) and above the 50-day SMA ($1,747.78).

Bollinger Bands Inside the bands — range-bound

Bollinger Bands (20, 2): price is at $1,823.52, upper $1,919.03, middle $1,849.14, lower $1,779.25. Price is inside the bands — range-bound.

Bandwidth is 7.6% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Below 50

RSI(14) is 45.5. Momentum has faded; the bullish case needs rebuilding.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bearish — momentum slowing

MACD (12, 26, 9): line $30.64, signal $37.04, histogram -6.393.

The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.

Volume Analysis Balanced volume

Up-day and down-day volume are roughly even (ratio 1.14) over the recent 19 sessions — no strong conviction either way.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money on hold

The A/D line slope is flat and the line is near highs — institutions are neither aggressively accumulating nor distributing.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Above anchored VWAP — period buyers in profit

Price ($1,823.52) is +4.9% above the anchored VWAP ($1,738.68). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 3 support levels

Current price $1,823.52. Resistance above: $1,833.26, $1,902.38, $1,944.99. Support below: $1,779.25, $1,760.90, $1,652.61.

Watch $1,833.26 as the first upside level to clear, and $1,779.25 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Neutral Slope is near-flat — range-bound price action.
• Price vs 50-day SMA Bullish Price is above the 50-day SMA ($1,747.78).
• RSI (14) Bearish RSI 45 — below 50, momentum fading.
• MACD (12,26,9) Bearish Histogram negative (-6.393) — fast line below signal.
• Bollinger %B Bearish Price in the lower half of the bands (%B 0.32).
• Volume profile Neutral Volume balanced between up and down days.
• A/D line Neutral A/D line slope is flat.
• AVWAP Bullish Price above anchored VWAP ($1,738.68).

Generated from 125 daily closes in the scraped 6-month OHLCV series (quote data 2026-08-07T14:03:04.408144791Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.