Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Sep. 7, 2016

Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(MercadoLibre Inc)
MELI latest price $181.2601 (-2.3%) ($181.1406 - $186.4440) on Wed. Sep. 7, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.44% (three month average)
RSI   78
Latest Price   $181.2601(-2.3%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.7% a day on average for past five trading days.
Weekly Trend   MELI advances 4.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)    ARKK(60%)
Factors Impacting MELI price   MELI will decline at least -1.22% in a week (0% probabilities).
VIXM(-14%)    UUP(-11%)    IPO(-5%)    TLT(-4%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.22% (StdDev 2.44%)
Hourly BBV 0 ()
Intraday Trend -2.3%

5 Day Moving Average   $179.29(1.1%)
10 Day Moving Average   $173.06(4.74%)
20 Day Moving Average   $170.31(6.43%)
To recent high   -2.3%
To recent low   43.6%
Market Cap   $9.01b

MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina.

$. MELI price fluctuates within 3.65% (three month std-dev: 2.44%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161007

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Sep_7_2016	144.63	170.31	173.06	179.29			181.26(-2.3%)	UD	OpenLong	75	0.3	38	-10000	14	108	0.53	77%	0.39	68.2	2.44%	0	1.8	78	0
2	Sep_6_2016	144.07	169.67	171.5	176.29			185.53(0.07%)	UT	HoldLong	65	1.6	36	-10000	19	85	0.46	78%	0.52	75.4	2.42%	0	2.8	83	0
3	Sep_2_2016	143.33	168.93	169.44	172.36			185.4(7.19%)	UT	HoldLong	65	3	27	-10000	19	50	1.56	78%	0.42	95	2.41%	0	3.8	76	0
4	Sep_1_2016	142.73	168.16	167.42	168.53			172.97(0.98%)	UT	OpenLong	75	1	9	-10000	7	13	0.43	75%	0.34	93.7	2.26%	0	1.1	62	0
5	Aug_31_2016	142.24	167.15	166.71	167.13			171.3(3.06%)	N/A	N/A	0	0.8	4	-10000	6	-4	0.78	75%	0.37	68	2.26%	0	0.8	53	0

6	Aug_30_2016	141.72	166.18	166.16	165.94			166.22(0.2%)	DP	OpenShort	-75	0	-5	-10000	0	-21	0.3	73%	0.35	54.3	2.24%	0	0	35	0
7	Aug_29_2016	141.22	165.49	166.29	165.91			165.89(-0.23%)	DT	OpenShort	-75	-0	-6	-10000	-0	-24	0.45	73%	0.35	50	2.25%	0	0.1	31	0
8	Aug_26_2016	140.73	164.88	166.62	165.97			166.27(0.19%)	DP	OpenShort	-75	0	-8	-10000	-1	-30	0.34	73%	0.35	48.4	2.25%	0	0.2	23	0
9	Aug_25_2016	140.24	164.24	166.8	166.11			165.95(0.36%)	DP	OpenShort	-75	-0	-10	-10000	-1	-35	0.29	73%	0.34	46	2.25%	0	0.2	26	0
10	Aug_24_2016	139.76	163.57	167.11	166.22			165.36(-0.43%)	DT	OpenShort	-75	-0.1	-3	-10000	-1	-10	0.38	74%	0.35	43.6	2.25%	0	0.2	75	0

11	Aug_23_2016	139.27	162.9	167.48	166.4			166.06(-0.08%)	UD	OpenLong	65	-0	3	-10000	-2	18	0.66	74%	0.35	42.4	2.26%	0	0.4	77	0
12	Aug_22_2016	138.78	162.17	167.82	166.72			166.19(-0.49%)	UD	OpenLong	65	-0.1	10	-10000	-3	48	0.43	74%	0.33	44.1	2.27%	0	0.5	76	0
13	Aug_19_2016	138.32	161.44	168.47	167.37			167.01(0.33%)	UD	OpenLong	65	-0	21	-10000	-1	86	0.17	74%	0.37	47.9	2.27%	0	0.6	74	0
14	Aug_18_2016	137.81	160.77	168.98	167.6			166.46(0.1%)	UD	OpenLong	65	-0.1	28	-10000	-3	119	0.65	74%	0.36	52.1	2.28%	0	0.6	74	0
15	Aug_17_2016	137.31	160.09	167.7	168.16			166.29(-0.81%)	UD	OpenLong	65	-0.2	30	-10000	-3	129	0.73	74%	0.36	56.5	2.28%	0	0.7	74	0

16	Aug_16_2016	136.82	159.37	166.32	168.69			167.65(-1.06%)	UD	OpenLong	65	-0.1	33	-10000	-2	139	0.38	74%	0.39	59.5	2.28%	0	0.9	77	0
17	Aug_15_2016	136.29	158.4	164.78	169.06			169.44(0.75%)	UD	OpenLong	65	0	34	-10000	-4	147	0.38	74%	0.25	60.2	2.27%	0	1.2	80	0
18	Aug_12_2016	135.95	157.32	163.13	169.78			168.17(-0.63%)	UD	OpenLong	65	-0.2	38	-10000	-4	162	0.29	74%	0.42	64.5	2.27%	0	1.2	79	0
19	Aug_11_2016	135.38	156.29	161.59	170.6			169.24(0.17%)	UT	OpenLong	75	-0.2	60	-10000	19	182	0.37	74%	0.44	71.5	2.28%	0	1.5	74	0
20	Aug_10_2016	134.79	155.22	159.8	167.08			168.95(-0.33%)	UD	OpenLong	75	0.2	53	-10000	20	150	0.32	74%	0.42	67	2.28%	0	1.7	74	0

21	Aug_9_2016	134.23	154.15	157.95	163.42			169.52(-2.02%)	UD	OpenLong	75	0.8	45	-10000	21	116	0.71	74%	0.42	64.9	2.28%	0	2	76	0
22	Aug_8_2016	133.67	153.13	156	159.69			173.01(0.43%)	UT	HoldLong	65	2	39	-10000	23	88	0.66	74%	0.46	65.2	2.26%	0	3	85	0
23	Aug_5_2016	133.06	151.81	153.63	155.56			172.28(13.62%)	UT	HoldLong	65	3.3	31	-10000	23	53	1.37	76%	0.45	71.8	2.28%	0	4	85	0
24	Aug_4_2016	132.47	150.39	151.53	151.59			151.63(0.64%)	UT	OpenLong	75	0	5	-10000	0	21	0.66	67%	0.3	107.6	1.57%	0	0.5	66	0
25	Aug_3_2016	132.08	149.95	151.63	151.54			150.67(-0.15%)	UD	OpenLong	75	-0.3	8	-10000	-0	30	0.14	67%		86.8	1.58%	0	0.2	60	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.