MELI Trading Signals: Hourly Price Prediction

^ MELI: Intraday Hourly Prediction Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Aug. 6, 2020

MELI Trading Signals: Hourly Price Forecast and Prediction

(MercadoLibre Inc)

One month low (close): $954.5000 One month high (close): $1224.0300

MELI Daily Change: -0.51% Daily StdDev 2.37% MELI EMA_5_Trend: 1.92% 10Minute StdDev: $28.0769

Latest Price : $1217.82(-0.51%)

Mon. Aug 10, 2020($43.5) Fri. Aug 7, 2020($18.5) Thu. Aug 6, 2020($9) Wed. Aug 5, 2020($30.2) Tue. Aug 4, 2020($8) Mon. Aug 3, 2020($33.4) Fri. Jul 31, 2020($12.9) Thu. Jul 30, 2020($17.3)

MELI Charts Daily Hourly 15 Minutes

Daily EMA5 Trend: 1.92% Daily EMA 20 BBV: 1.9

Sample size 50 Avg positive next hour return: 0.67%(48%) Avg negative next hour return: -0.38%(52%)

i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI
Thu. Aug. 6, 2020
1	Aug/6	9	1061.05	1124.67	1186.37(0.23)	1206.79(0.59)	1225.79(0.28)	1227.69	2	28	33(1.2)	50	[10]	[32]	[-1]	87	122	CR	0.1	OpenShort?	(7)	12	-2	-2	-1	1.5,99	81
Daily Trend: % Up Forces: Down Forces: Support Levels: 1206.79(hourly_sma_10 -1.7%) 1186.37(hourly_sma_20 -3.37%) 1124.67(daily_ema_10 -8.39%) 1061.05(daily_ema_20 -13.57%) Resistance Levels:

2	Aug/5	15	1050.36	1101.24	1183.65(0.31)	1199.76(0.62)	1222.39(0.32)	1228.71	2.4	18	31(-5.2)	50	[13]	[35]	[3]	93	54	UT	0.2	HoldLong?	(7)	14	-1	1	20	1.7,100	82
3	Aug/5	14	1050.36	1101.24	1179.97(0.47)	1192.42(0.57)	1218.49(0.56)	1229.3	2.4	18	37(-2.6)	50	[14]	[34]	[11]	95	91	UT	0.4	HoldLong	(10)	17	10	2	20	1.8,100	82
4	Aug/5	13	1050.36	1101.24	1174.4(0.53)	1185.65(0.55)	1211.73(0.98)	1225.04	2.3	18	39(-2.2)	50	[16]	[46]	[15]	93	148	UT	0.5	HoldLong	(14)	29	17	2	20	1.7,100	82
5	Aug/5	12	1050.36	1101.24	1168.18(0.53)	1179.2(0.49)	1199.95(1.02)	1218.22	2.3	18	41(-1)	50	[16]	[47]	[17]	90	158	UT	0.6	HoldLong	(16)	30	19	5	20	1.6,100	82

6	Aug/5	11	1050.36	1101.24	1161.99(0.49)	1173.42(0.35)	1187.78(0.9)	1210.65	2.2	18	42(0.8)	50	[15]	[41]	[16]	88	155	UT	0.7	HoldLong	(16)	27	4	17	20	1.5,100	82
7	Aug/5	10	1050.36	1101.24	1156.32(0.43)	1169.37(0.32)	1177.13(0.92)	1209.24	2.1	18	42(1.8)	50	[13]	[40]	[28]	87	262	UT	1	OpenLong	(15)	27	34	18	20	1.7,94	82
8	Aug/5	9	1050.36	1101.24	1151.39(0.37)	1165.6(0.2)	1166.35(0.58)	1195.5	1.9	18	40(2.1)	50	[11]	[28]	[38]	74	158	UT	1	OpenLong?	(12)	17	75	11	20	1.5,86	82
9	Aug/4	15	1038.98	1080.01	1147.18(0.16)	1163.29(-0.06)	1159.57(0.1)	1166.12	2	14	38(-7.7)	50	[5]	[7]	[10]	36	36	UT	0.2	OpenLong?	(7)	3	22	-2	20	0.7,68	76
10	Aug/4	14	1038.98	1080.01	1145.4(0.2)	1164.02(-0.17)	1158.45(-0.05)	1157.39	1.9	14	45(-0.3)	50	[6]	[2]	[-1]	33	-112	CR	-0	HoldShort	(4)	-2	0	-5	-5	0.4,73	76

11	Aug/4	13	1038.98	1080.01	1143.09(0.15)	1165.95(-0.14)	1159.07(-0.22)	1157.41	1.9	14	46(-1)	50	[5]	[-3]	[-1]	40	-75	DR	-0.1	OpenShort	(6)	-7	5	-5	-20	0.5,77	76
12	Aug/4	12	1038.98	1080.01	1141.35(0.21)	1165.95(0)	1161.6(-0.28)	1155.33	1.8	14	47(-1.8)	50	[6]	[-3]	[-12]	42	-159	DR	-0.2	OpenShort	(5)	-8	-16	-7	-20	0.5,79	76
13	Aug/4	11	1038.98	1080.01	1138.99(0.29)	1167.51(0.38)	1164.85(-0.19)	1161.59	1.9	14	48(-1.6)	50	[9]	[6]	[-10]	49	-136	CR	-0.1	HoldShort	(7)	-6	3	-9	-20	0.7,81	76
14	Aug/4	10	1038.98	1080.01	1135.75(0.31)	1163.15(0.52)	1167.01(-0.22)	1160.5	1.9	14	50(-1.3)	50	[9]	[8]	[-11]	54	-143	CR	-0.2	HoldShort	(9)	-7	0	-10	-20	0.8,84	76
15	Aug/4	9	1038.98	1080.01	1132.25(0.32)	1157.17(0.57)	1169.59(-0.28)	1160.5	1.9	14	51(-0.7)	50	[10]	[7]	[-17]	62	-140	CR	-0.3	HoldShort?	(10)	-8	-24	-9	-20	0.9,89	76

16	Aug/3	15	1030.04	1063.91	1128.65(0.36)	1150.57(0.64)	1172.83(-0.05)	1170.09	2.5	13	52(-6.4)	50	[11]	[15]	[-4]	77	-3	CR	-0.1	OpenShort?	(11)	-2	-4	-7	-13	1.3,94	76
17	Aug/3	14	1030.04	1063.91	1124.57(0.37)	1143.28(0.54)	1173.47(0.28)	1171.59	2.6	13	58(2)	50	[11]	[23]	[3]	83	121	UT	-0.1	OpenLong	(12)	8	-2	-8	20	1.5,95	76
18	Aug/3	13	1030.04	1063.91	1120.37(0.38)	1137.17(0.54)	1170.17(0.94)	1172.38	2.6	13	56(2.3)	50	[11]	[43]	[6]	90	316	UT	0.1	OpenLong	(12)	28	-3	-7	20	1.7,97	76
19	Aug/3	12	1030.04	1063.91	1116.13(0.43)	1131.06(0.38)	1159.28(1.27)	1173.39	2.6	13	54(3.5)	50	[13]	[51]	[12]	97	396	UT	0.5	OpenLong	(12)	38	-8	5	20	1.9,99	76
20	Aug/3	11	1030.04	1063.91	1111.37(0.47)	1126.79(0.59)	1144.74(1.46)	1176.68	2.7	13	51(6.5)	50	[14]	[60]	[22]	108	486	UT	1.1	HoldLong	(14)	43	9	28	20	2.3,100	76

21	Aug/3	10	1030.04	1063.91	1106.22(0.43)	1120.24(0.46)	1128.31(1.37)	1173.33	2.6	13	44(7.4)	50	[13]	[55]	[41]	110	522	UT	1.8	HoldLong	(14)	41	47	40	20	2.8,90	76
22	Aug/3	9	1030.04	1063.91	1101.43(0.4)	1115.16(0.42)	1113.08(0.81)	1155.08	2.3	13	37(4.9)	50	[12]	[37]	[51]	82	292	UT	2.1	OpenLong?	(11)	24	99	30	20	2.6,67	76
23	Jul/31	15	1020.55	1048.16	1097.08(0.25)	1110.47(0.19)	1104.17(0.12)	1117.92	2.1	11	32(-11.3)	50	[7]	[12]	[16]	24	-29	UT	0.8	OpenLong?	(7)	4	46	3	6	1.2,44	70
24	Jul/31	14	1020.55	1048.16	1094.37(0.25)	1108.35(0.09)	1102.85(-0.54)	1100.71	1.8	11	43(-3.3)	50	[7]	[-9]	[-3]	-9	-323	DR	-0.1	OpenShort	(5)	-16	17	-21	-20	0.3,34	70
25	Jul/31	13	1020.55	1048.16	1091.67(0.19)	1107.34(0.05)	1108.83(-0.3)	1094.49	1.6	11	46(-2.5)	50	[6]	[-3]	[-14]	-7	-232	DR	-0.7	OpenShort	(7)	-9	-7	-23	-20	0.1,41	70

26	Jul/31	12	1020.55	1048.16	1089.62(0.19)	1106.74(0.08)	1112.17(-0.45)	1097.19	1.7	11	49(-1.2)	40	[6]	[-7]	[-23]	15	-233	DR	-0.7	OpenShort	(6)	-13	-36	-28	-20	0.3,57	70
27	Jul/31	11	1020.55	1048.16	1087.56(0.22)	1105.86(0.21)	1117.24(0.04)	1110.53	2	11	50(0.1)	50	[7]	[10]	[-3]	53	2	CR	-0.3	HoldShort	(8)	1	-2	-10	-13	1,78	70
28	Jul/31	10	1020.55	1048.16	1085.15(0.23)	1103.57(0.22)	1116.78(0.26)	1111.31	2	11	50(0.8)	45	[7]	[17]	[-19]	62	75	CR	-0.2	HoldShort	(7)	8	-51	-17	4	1.1,84	70
29	Jul/31	9	1020.55	1048.16	1082.61(0.32)	1101.19(0.48)	1113.85(0.72)	1130.61	2.4	11	49(5.4)	50	[10]	[35]	[24]	98	299	UT	0.7	OpenLong?	(10)	21	52	-2	20	2.1,95	70
30	Jul/30	15	1013.38	1032.25	1079.14(0.23)	1095.95(0.34)	1105.86(0.41)	1111.18	2.5	9	44(-3.5)	50	[7]	[23]	[-9]	84	172	CR	0.3	OpenShort?	(7)	12	-30	-3	20	1.6,94	58

31	Jul/30	14	1013.38	1032.25	1076.62(0.24)	1092.21(0.41)	1101.31(0.62)	1122.59	2.8	9	47(7.2)	50	[7]	[30]	[23]	113	346	UT	1.1	HoldLong	(9)	18	39	9	20	2.5,100	58
32	Jul/30	13	1013.38	1032.25	1074.02(0.22)	1087.7(0.37)	1094.47(0.38)	1108.2	2.4	9	40(2.6)	50	[7]	[22]	[16]	105	196	UT	0.9	HoldLong	(5)	11	31	7	20	2.2,100	58
33	Jul/30	12	1013.38	1032.25	1071.62(0.24)	1083.68(0.3)	1090.37(0.17)	1096.68	2.1	9	38(-1.9)	50	[7]	[15]	[8]	93	32	UT	0.4	HoldLong	(5)	5	16	3	19	1.7,100	58
34	Jul/30	11	1013.38	1032.25	1069.1(0.27)	1080.39(0.41)	1088.53(0.23)	1090.65	2	9	39(-5.2)	50	[8]	[19]	[1]	85	-12	UT	0.1	HoldLong	(7)	7	6	1	-18	1.4,100	58
35	Jul/30	10	1013.38	1032.25	1066.24(0.32)	1075.99(0.33)	1086.04(0.27)	1088.45	1.9	9	45(-4.7)	50	[9]	[19]	[1]	83	-39	UT	0.1	HoldLong	(8)	8	0	1	12	1.3,100	58

36	Jul/30	9	1013.38	1032.25	1062.85(0.34)	1072.5(0.3)	1083.11(0.2)	1088.39	1.9	9	49(-6.6)	50	[10]	[17]	[4]	83	-46	UT	0.3	HoldLong?	(10)	6	2	3	20	1.3,100	58
37	Jul/29	15	1006.55	1016.86	1059.24(0.4)	1069.27(0.24)	1080.92(0.36)	1087.69	2.4	6	56(-17.6)	50	[12]	[20]	[7]	83	-39	UT	0.3	HoldLong?	(10)	11	1	5	20	1.3,100	58
38	Jul/29	14	1006.55	1016.86	1054.98(0.45)	1066.73(0.25)	1076.99(0.44)	1087.49	2.4	6	74(-4)	50	[13]	[23]	[15]	80	-26	UT	0.4	HoldLong	(13)	13	26	2	20	1.3,97	58
39	Jul/29	13	1006.55	1016.86	1050.28(0.39)	1064.04(0.16)	1072.24(0.59)	1078.17	2.1	6	78(-5.7)	50	[11]	[26]	[9]	75	32	UT	0.2	HoldLong	(13)	17	12	5	20	1.1,97	58
40	Jul/29	12	1006.55	1016.86	1046.21(0.41)	1062.33(0.12)	1065.95(0.38)	1073.83	2	6	83(-4.8)	50	[12]	[19]	[1]	69	-49	UT	0.3	OpenLong	(12)	11	-10	5	20	1,94	58

41	Jul/29	11	1006.55	1016.86	1041.95(0.44)	1061.02(0.06)	1061.88(0.4)	1077.43	2.1	6	88(-1)	50	[13]	[19]	[18]	75	4	UT	0.5	HoldLong	(13)	12	26	12	20	1.2,95	58
42	Jul/29	10	1006.55	1016.86	1037.43(0.37)	1060.35(0.08)	1057.61(0.11)	1068.03	1.8	6	89(-4.2)	50	[11]	[10]	[7]	60	-46	UT	0.3	OpenLong	(12)	3	12	2	20	1,85	58
43	Jul/29	9	1006.55	1016.86	1033.62(0.42)	1059.55(0.16)	1056.47(0.06)	1063.75	1.7	6	93(-7)	50	[12]	[10]	[15]	53	-110	UT	0.2	OpenLong?	(11)	2	49	-3	-6	1,78	58
44	Jul/28	15	1001.14	1004.97	1029.34(0.41)	1057.81(0.12)	1055.83(-0.27)	1046.71	1.6	4	100(-21.8)	30	[12]	[-1]	[-16]	38	-300	DR	-0.3	OpenShort?	(10)	-8	-19	-11	-20	0.5,75	54
45	Jul/28	14	1001.14	1004.97	1025.11(0.34)	1056.5(0.31)	1058.7(-0.14)	1053.47	1.9	4	122(-0.2)	35	[10]	[5]	[-10]	53	-90	CR	-0.2	HoldShort	(14)	-4	-7	-7	-20	0.8,83	54

46	Jul/28	13	1001.14	1004.97	1021.61(0.33)	1053.19(0.38)	1060.16(-0.28)	1056.09	1.9	4	122(2.2)	25	[10]	[2]	[-12]	61	-56	CR	-0.1	HoldShort	(11)	-8	-18	-7	-20	1,86	54
47	Jul/28	12	1001.14	1004.97	1018.25(0.33)	1049.22(0.57)	1063.09(0.04)	1062.31	2.2	4	120(5.3)	50	[10]	[14]	[-2]	72	114	CR	-0	HoldShort	(11)	1	5	-6	-20	1.3,89	54
48	Jul/28	11	1001.14	1004.97	1014.92(0.27)	1043.24(0.65)	1062.64(0.27)	1060.58	2.1	4	115(5.7)	50	[8]	[21]	[2]	75	248	UT	-0.1	OpenLong	(10)	8	-1	25	-17	1.4,90	54
49	Jul/28	10	1001.14	1004.97	1012.2(0.2)	1036.52(0.62)	1059.78(0.52)	1061.06	2.1	4	109(6.4)	50	[6]	[28]	[8]	83	410	UT	0	OpenLong	(9)	15	1	28	20	1.6,93	54
50	Jul/28	9	1001.14	1004.97	1010.22(0.18)	1030.1(0.71)	1054.29(0.77)	1060.74	2.1	4	103(6.8)	50	[5]	[36]	[0]	89	513	UT	0.2	OpenLong?	(6)	23	-28	30	20	1.7,96	54
i	Date	Time	Daily EMA20	Daily EMA10	Hourly MA20	Hourly MA10	Hourly MA5	Hourly Price	Daily BBV	Daily Trend Level	VL	STB	SMA20 Trend	Trend Force	Moving Force	Price Level	Gap	Pattern	sma5 BBV	Trade	Next SMA20 Trend	SMA5 Trend	Price Change Level	Change Strength	Next Change	Price Level Indicators	Daily RSI