Trading Signals: MELI Stock Price Prediction and Forecast

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

Fri. Sep. 1, 2017

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

(MercadoLibre Inc)
MELI latest price $251.6503 (-2.54%) ($251.1109 - $258.4633) on Fri. Sep. 1, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.51% (three month average)
RSI   64
Latest Price   $251.6503(-2.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.5% a day on average for past five trading days.
Weekly Trend   MELI advances 2.3% a week on average for past two weeks.
Market Behavior   Value stock 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(67%)    QQQ(64%)    IWF(63%)    IVW(62%)    ARKK(61%)
Factors Impacting MELI price   MELI will decline at least -1.255% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    SHY(-1%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.255% (StdDev 2.51%)
Hourly BBV 0 ()
Intraday Trend -2.4%

5 Day Moving Average   $247.86(1.53%)
10 Day Moving Average   $245.9(2.34%)
20 Day Moving Average   $243.67(3.28%)
To recent high   -13.8%
To recent low   8.3%
Market Cap   $12.51b

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 3.16% (three month std-dev: 2.51%) 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

> 20171001

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_1_2017	261.86	243.67	245.9	247.86			251.65(-2.54%)	UD	OpenLong	75	0.5	17	-10000	4	57	0.51	29%	0.15	-98.1	2.51%	0	1	64	0
2	Aug_31_2017	261.48	243.97	244.35	246.76			258.2(4.75%)	UT	OpenLong	75	0.9	20	-10000	10	51	0.95	31%	0.16	-71.6	2.51%	0	1.1	65	0
3	Aug_30_2017	261.05	245.33	241.86	243.79			246.49(2.43%)	UT	OpenLong	75	0.2	10	-10000	2	34	1.34	24%	0.1	-64.3	2.44%	0	0.1	65	0
4	Aug_29_2017	260.78	247.1	241.32	243.15			240.65(-0.68%)	UD	OpenLong	65	-0.1	4	-10000	-2	21	0.61	24%	0.09	-57.3	2.44%	0	-0.4	42	0
5	Aug_28_2017	260.55	249.32	240.89	243.63			242.29(-1.57%)	UD	OpenLong	75	-0.1	3	-10000	0	10	0.45	24%	0.09	-50.1	2.46%	0	-0.4	42	0

6	Aug_25_2017	260.31	251.46	240.35	243.51			246.16(1.15%)	RB	SmallLong	20	0.1	4	-10000	7	-5	0.67	24%	0.11	-46.2	2.46%	0	-0.3	41	0
7	Aug_24_2017	260.02	253.43	239.66	241.46			243.37(0.03%)	DP	OpenShort	-65	0.1	-4	-10000	6	-35	0.53	24%	0.11	-45.3	2.47%	0	-0.5	36	0
8	Aug_23_2017	259.73	255.48	238.59	239.57			243.29(0.1%)	DP	OpenShort	-65	0.2	-24	-10000	1	-100	0.33	24%	0.11	-45.7	2.48%	0	-0.5	24	0
9	Aug_22_2017	259.44	257.52	239.2	239.25			243.04(0.55%)	DP	OpenShort	-65	0.2	-29	-10000	5	-130	0.76	24%	0.09	-45.3	2.5%	0	-0.6	28	0
10	Aug_21_2017	259.21	259.3	239.89	237.8			241.7(2.46%)	DP	OpenShort	-65	0.2	-40	-10000	3	-170	0.73	24%	0.12	-47.2	2.5%	0	-0.8	27	0

11	Aug_18_2017	258.89	261.32	241.14	236.8			235.9(0.83%)	DP	OpenShort	-75	-0	-54	-10000	-3	-206	0.67	23%	0.09	-48	2.48%	0	-1.1	23	0
12	Aug_17_2017	258.65	263.59	243.45	237.61			233.95(-3.19%)	DT	HoldShort	-50	-0.2	-55	-10000	1	-222	0.8	20%	0.07	-47.6	2.5%	0	-1.4	21	0
13	Aug_16_2017	258.47	266.07	248.91	237.3			241.65(2.47%)	DP	OpenShort	-75	0.2	-58	-10000	-6	-215	0.62	22%	0.12	-48.7	2.59%	0	-1.2	25	0
14	Aug_15_2017	258.16	268.08	253.11	239.22			235.83(-0.37%)	DT	HoldShort	-65	-0.2	-60	-10000	-10	-211	0.58	26%	0.1	-47.2	2.56%	0	-1.6	21	0
15	Aug_14_2017	257.9	270.42	258.27	242.39			236.7(-1.34%)	DT	OpenShort	-75	-0.3	-56	-10000	-12	-189	0.88	26%	0.1	-42.9	2.6%	0	-1.8	28	0

16	Aug_11_2017	257.63	272.56	263.4	246.23			239.91(3.23%)	DP	OpenShort	-75	-0.4	-51	-10000	-12	-168	1.3	26%	0.12	-37.7	2.61%	0	-1.9	28	0
17	Aug_10_2017	257.31	274.42	268.33	250.29			232.4(-7.51%)	DT	HoldShort	-65	-1.2	-66	-10000	-35	-157	1.91	21%	0.09	-30.1	2.58%	0	-2.7	24	0
18	Aug_9_2017	257.07	276.63	274.01	262.22			251.26(-0.16%)	DT	OpenShort	-75	-0.9	-42	-10000	-22	-103	1.31	25%	0.18	-3.9	2.41%	0	-2.1	29	0
19	Aug_8_2017	256.6	277.93	277.63	269.23			251.66(-1.66%)	DT	OpenShort	-75	-1.6	-33	-10000	-22	-66	0.85	25%	0.14	23.8	2.43%	0	-2.4	31	0
20	Aug_7_2017	256.23	278.69	280.68	276.61			255.91(-1.65%)	DT	OpenShort	-75	-2	-22	-10000	-19	-31	1.54	25%	0.18	51.8	2.42%	0	-2.2	34	0

21	Aug_4_2017	255.77	279.11	283.59	283.06			260.2(-10.91%)	N/A	N/A	0	-2.2	-8	-10000	-12	5	4.3	44%	0.2	74.3	3.16%	0	-1.8	42	0
22	Aug_3_2017	255.27	279.1	285.89	288.73			292.08(2.02%)	UT	HoldLong	65	0.3	13	-10000	3	41	0.96	53%	0.31	85.4	2.83%	0	1.1	78	0
23	Aug_2_2017	254.48	277.1	284.82	287.59			286.3(-0.79%)	UD	OpenLong	75	-0.1	11	-10000	0	43	0.86	53%	0.3	72.3	2.82%	0	0.7	77	0
24	Aug_1_2017	253.72	275.31	284.24	287.47			288.58(0.16%)	UT	OpenLong	75	0.1	16	-10000	5	50	0.78	55%	0.31	69.7	2.82%	0	1.1	73	0
25	Jul_31_2017	252.94	273.45	283.37	285.55			288.12(-0.16%)	UD	OpenLong	75	0.2	16	-10000	3	54	0.75	55%		56.6	2.84%	0	1.1	82	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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