Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Nov. 21, 2016

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

(MercadoLibre Inc)
MELI latest price $160.1051 (1.9%) ($157.3342 - $161.3211) on Mon. Nov. 21, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.1% (three month average)
RSI   39
Latest Price   $160.1051(1.9%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.9% a day on average for past five trading days.
Weekly Trend   MELI declines -3.1% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
IBUY(65%)    QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)
Factors Impacting MELI price   MELI will decline at least -1.05% in a week (0% probabilities).
VIXM(-14%)    UUP(-11%)    TLT(-4%)    SHY(-1%)    TBT(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.05% (StdDev 2.1%)
Hourly BBV 0 ()
Intraday Trend 0.9%

1 - 5 Day Possible Target   $151.94(-5.1%)
Resistance Level   $163.84
5 Day Moving Average   $157.12(1.9%)
10 Day Moving Average   $159.99(0.07%)
20 Day Moving Average   $163.84(-2.28%)
To recent high   -15.9%
To recent low   4.6%
Market Cap   $7.959b

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 3.92% (three month std-dev: 2.1%) 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

> 20161221

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	Nov_21_2016	167.17	163.84	159.99	157.12			160.11(1.9%)	DP	OpenShort	-65	0.5	-14	-10000	9	-84	0.53	43%	0.13	-52.3	2.1%	0	-0.6	39	0
2	Nov_18_2016	166.96	164.43	160.77	155.7			157.11(0.23%)	DP	OpenShort	-65	0.2	-24	-10000	2	-100	0.41	43%	0.11	-54	2.08%	0	-1.1	38	0
3	Nov_17_2016	166.78	165.24	161.69	155.37			156.76(0.21%)	DP	OpenShort	-75	0.2	-33	-10000	-7	-110	0.44	43%	0.11	-52.8	2.08%	0	-1.3	37	0
4	Nov_16_2016	166.6	165.96	162.58	156.47			156.43(0.79%)	DP	OpenShort	-75	-0	-42	-10000	-19	-112	0.55	43%	0.15	-49.1	2.09%	0	-1.5	35	0
5	Nov_15_2016	166.35	166.62	163.59	159.64			155.2(1.44%)	DP	OpenShort	-75	-0.8	-39	-10000	-22	-91	0.8	43%	0.17	-48.8	2.09%	0	-2	32	0

6	Nov_14_2016	166.06	167.28	165.05	163.42			153(-1.58%)	DT	OpenShort	-75	-2	-28	-10000	-18	-57	1.39	43%	0.13	-49.5	2.08%	0	-2.8	28	0
7	Nov_11_2016	165.84	168.08	166.62	166.56			155.45(-4.21%)	DT	OpenShort	-75	-2.8	-17	-10000	-12	-33	1.84	43%	0.1	-66.5	2.07%	0	-3.2	28	0
8	Nov_10_2016	165.67	168.71	167.96	168.74			162.28(-5.8%)	DT	OpenShort	-75	-2.3	-8	-10000	-4	-19	1.09	48%	0.16	-109.7	2.01%	0	-2.3	33	0
9	Nov_9_2016	165.4	169.04	168.68	169.35			172.28(-1.05%)	N/A	N/A	0	0.8	3	-10000	8	-12	0.66	57%	0.22	-98.6	1.88%	0	0.9	53	0
10	Nov_8_2016	165.03	169.46	168.4	168.11			174.1(3.2%)	DP	OpenShort	-65	1.2	-2	-10000	6	-24	0.5	57%	0.25	-87.6	1.89%	0	1	59	0

11	Nov_7_2016	164.62	169.85	167.95	167.14			168.71(1.42%)	DP	OpenShort	-65	0.3	-6	-10000	2	-31	0.54	52%	0.22	-73.3	1.85%	0	-0.2	55	0
12	Nov_4_2016	164.26	170.75	168.26	166.89			166.34(0.61%)	DP	OpenShort	-75	-0.1	-6	-10000	-1	-20	1.21	68%	0.19	-62.1	2.49%	0	-0.6	49	0
13	Nov_3_2016	163.95	171.83	168.93	167.14			165.34(-0.44%)	DT	OpenShort	-75	-0.2	-5	-10000	-3	-11	0.7	68%	0.2	-55.7	2.49%	0	-0.8	50	0
14	Nov_2_2016	163.62	172.81	169.48	167.85			166.07(-1.87%)	DT	OpenShort	-75	-0.2	-4	-10000	-4	-2	0.54	68%	0.2	-50.5	2.49%	0	-0.8	47	0
15	Nov_1_2016	163.29	173.78	169.81	168.66			169.24(1.06%)	DP	OpenShort	-75	0.1	-4	-10000	-1	-12	0.69	68%	0.23	-48.3	2.48%	0	-0.6	28	0

16	Oct_31_2016	162.92	174.49	169.62	168.91			167.46(-0.09%)	DT	HoldShort	-65	-0.2	-12	-10000	-5	-33	0.42	68%	0.21	-48.3	2.48%	0	-0.8	24	0
17	Oct_28_2016	162.58	175.39	169.66	169.87			167.61(-0.76%)	DT	HoldShort	-65	-0.3	-17	-10000	-5	-53	0.51	68%	0.19	-46	2.48%	0	-0.9	20	0
18	Oct_27_2016	162.27	176.23	169.6	171.02			168.89(-0.71%)	DT	HoldShort	-65	-0.3	-20	-10000	-2	-72	0.4	68%	0.2	-44.2	2.48%	0	-0.9	21	0
19	Oct_26_2016	161.94	176.95	169.53	171.34			170.09(-0.23%)	DT	HoldShort	-50	-0.2	-22	-10000	1	-92	0.44	68%	0.2	-47.3	2.47%	0	-0.8	29	0
20	Oct_25_2016	161.61	177.78	170.64	171.09			170.48(-1.03%)	DT	HoldShort	-50	-0.1	-22	-10000	3	-98	0.26	65%	0.2	-47.9	2.47%	0	-0.9	29	0

21	Oct_24_2016	161.28	178.6	171.85	170.39			172.26(-0.64%)	DP	OpenShort	-65	0.2	-22	-10000	5	-104	0.35	65%	0.23	-46.9	2.48%	0	-0.8	35	0
22	Oct_21_2016	160.91	179.29	173.32	169.41			173.36(1.68%)	DP	OpenShort	-65	0.5	-22	-10000	7	-108	0.61	65%	0.24	-46.6	2.48%	0	-0.7	34	0
23	Oct_20_2016	160.53	179.94	174.75	168.03			170.49(0.96%)	DP	OpenShort	-65	0.3	-28	-10000	2	-116	0.81	67%	0.22	-45.6	2.47%	0	-1.1	32	0
24	Oct_19_2016	160.18	180.94	176.23	167.52			168.88(1.15%)	DP	OpenShort	-75	0.2	-41	-10000	-13	-124	0.78	67%	0.21	-40.4	2.49%	0	-1.5	32	0
25	Oct_18_2016	159.85	181.85	177.93	170.26			166.96(-0.23%)	DT	OpenShort	-75	-0.4	-39	-10000	-16	-108	0.71	67%		-25.1	2.48%	0	-2	25	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.