Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Apr. 17, 2017

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

(MercadoLibre Inc)
MELI latest price $220.1237 (2.33%) ($215.6509 - $220.1636) on Mon. Apr. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.4% (three month average)
RSI   63
Latest Price   $220.1237(2.33%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.1% a day on average for past five trading days.
Weekly Trend   MELI advances 1.2% 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(66%)    IWF(63%)    QQQ(63%)    IVW(61%)    SKYY(61%)
Factors Impacting MELI price   MELI will decline at least -0.7% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    IPO(-5%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.7% (StdDev 1.4%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $217.87(1.03%)
10 Day Moving Average   $217.57(1.17%)
20 Day Moving Average   $214.45(2.65%)
To recent high   0%
To recent low   26.2%
Market Cap   $10.942b

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 1.95% (three month std-dev: 1.4%) 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

> 20170517

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	Apr_17_2017	187.99	214.45	217.57	217.87			220.12(2.33%)	UT	OpenLong	75	0.5	15	-10000	2	54	0.5	66%	0.32	36.4	1.4%	0	1.4	63	0
2	Apr_13_2017	187.39	213.97	216.7	217.59			215.11(-0.39%)	UD	OpenLong	65	-0.6	11	-10000	-3	53	0.37	64%	0.27	37.1	1.38%	0	0.3	59	0
3	Apr_12_2017	186.88	213.77	216.47	218.04			215.96(-1.58%)	UD	OpenLong	75	-0.5	18	-10000	1	69	0.56	64%	0.29	43.2	1.39%	0	0.6	64	0
4	Apr_11_2017	186.34	213.69	216.48	217.84			219.42(0.33%)	UT	OpenLong	75	0.4	24	-10000	5	81	0.26	67%	0.33	49.5	1.4%	0	1.5	66	0
5	Apr_10_2017	185.72	213.28	215.66	217.06			218.71(-0.02%)	UT	HoldLong	50	0.4	20	-10000	-1	83	0.22	67%	0.35	48.3	1.41%	0	1.5	70	0

6	Apr_7_2017	185.08	212.93	214.9	217.24			218.75(0.63%)	UT	OpenLong	75	0.4	28	-10000	10	83	0.32	67%	0.35	55.8	1.41%	0	1.7	52	0
7	Apr_6_2017	184.44	212.51	214.06	215.72			217.37(1.13%)	UT	OpenLong	75	0.5	21	-10000	7	64	0.41	67%	0.35	43.9	1.42%	0	1.5	57	0
8	Apr_5_2017	183.8	212.07	213.11	214.69			214.93(-0.3%)	UT	HoldLong	50	0.1	11	-10000	-1	45	0.37	70%	0.34	38.4	1.42%	0	0.9	54	0
9	Apr_4_2017	183.18	211.76	212.54	214.89			215.57(-1.83%)	UD	OpenLong	75	0.2	15	-10000	6	40	0.43	73%	0.36	38.5	1.47%	0	1.2	51	0
10	Apr_3_2017	182.53	211.5	211.54	213.98			219.59(4.01%)	UT	OpenLong	75	1.9	14	-10000	11	22	0.94	78%	0.37	32.2	1.47%	0	2.7	57	0

11	Mar_31_2017	181.86	211	211	212.28			211.13(-0.51%)	UD	OpenLong	75	-0.5	2	-10000	1	5	0.32	76%	0.28	25.2	1.44%	0	0.1	49	0
12	Mar_30_2017	181.35	211.05	210.97	212.12			212.22(-1.72%)	UD	OpenLong	75	0	6	-10000	6	5	0.29	76%	0.23	32.2	1.45%	0	0.5	52	0
13	Mar_29_2017	180.94	210.86	210.83	211.22			215.94(2.33%)	UT	OpenLong	75	1.9	7	-10000	9	1	0.37	80%	0.24	39.3	1.44%	0	2.1	59	0
14	Mar_28_2017	180.5	210.57	210.6	209.86			211.02(-0.03%)	N/A	N/A	0	0.5	5	-10000	8	-4	0.24	78%	0.24	49	1.43%	0	0.2	54	0
15	Mar_27_2017	180.06	210.53	210.67	208.7			211.08(0.34%)	DP	OpenShort	-75	1	-10	-10000	-6	-21	0.3	78%	0.26	58.3	1.46%	0	0.2	51	0

16	Mar_24_2017	179.59	210.38	210.76	209.61			210.37(1.29%)	DP	OpenShort	-75	0.3	-2	-10000	-1	-6	0.41	78%	0.26	86.6	1.46%	0	-0	51	0
17	Mar_23_2017	179.12	210.24	210.81	209.69			207.7(-0.69%)	DT	OpenShort	-75	-0.6	-5	-10000	-4	-9	0.56	78%	0.24	77.1	1.47%	0	-0.8	44	0
18	Mar_22_2017	178.69	209.89	210.81	210.37			209.14(1.91%)	DP	OpenShort	-75	-0.3	-6	-10000	-7	-2	0.38	78%	0.24	71.4	1.46%	0	-0.2	53	0
19	Mar_21_2017	178.27	209.49	210.99	211.47			205.22(-4.82%)	N/A	N/A	0	-1.4	-5	-10000	-8	6	0.62	77%	0.22	71.6	1.46%	0	-0.9	44	0
20	Mar_20_2017	177.88	209.21	211.62	212.78			215.61(2.28%)	UT	OpenLong	75	0.6	12	-10000	5	31	0.46	93%	0.28	83.2	1.28%	0	1.4	59	0

21	Mar_17_2017	177.38	208.35	211.05	212.78			210.8(-0.13%)	UD	OpenLong	75	-0.3	7	-10000	0	26	0.46	92%	0.25	77.6	1.27%	0	0.5	57	0
22	Mar_16_2017	176.94	207.73	211.19	212.11			211.07(-1.66%)	UD	OpenLong	75	-0.2	12	-10000	3	38	0.34	82%	0.24	77.6	1.28%	0	0.6	59	0
23	Mar_15_2017	176.52	207.17	210.94	211.67			214.63(1.33%)	UT	HoldLong	65	0.5	20	-10000	9	52	0.31	88%	0.26	80	1.32%	0	1.3	77	0
24	Mar_14_2017	176.06	206.28	210.5	210.48			211.81(-0.21%)	UD	OpenLong	75	0.2	16	-10000	2	57	0.28	87%	0.23	77.6	1.32%	0	1	74	0
25	Mar_13_2017	175.65	205.45	210.34	210.28			212.25(0.69%)	UT	HoldLong	65	0.3	23	-10000	3	82	0.51	87%		75.9	1.31%	0	1.1	77	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

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