Trading Signals: MELI Stock Price Prediction and Forecast

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

Thu. Sep. 14, 2017

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

(MercadoLibre Inc)
MELI latest price $287.6232 (-1.47%) ($287.2436 - $292.1386) on Thu. Sep. 14, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.73% (three month average)
RSI   78
Latest Price   $287.6232(-1.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 2.1% a day on average for past five trading days.
Weekly Trend   MELI advances 8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal 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 -1.365% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    SHY(-2%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.365% (StdDev 2.73%)
Hourly BBV 0 ()
Intraday Trend -0.9%

5 Day Moving Average   $282.94(1.66%)
10 Day Moving Average   $270.57(6.3%)
20 Day Moving Average   $256.73(12.03%)
To recent high   -1.5%
To recent low   23.8%
Market Cap   $14.298b

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 7.05% (three month std-dev: 2.73%) 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

> 20171014

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_14_2017	265.95	256.73	270.57	282.94			287.62(-1.47%)	UD	OpenLong	75	0.3	57	-10000	15	182	0.47	43%	0.23	69.5	2.73%	0	1.7	78	0
2	Sep_13_2017	265.34	254.32	266.47	277.1			291.91(0.49%)	UT	HoldLong	65	0.9	54	-10000	18	161	0.38	43%	0.24	62.4	2.75%	0	2.2	82	0
3	Sep_12_2017	264.71	251.38	261.28	270.24			290.49(1.94%)	UT	HoldLong	65	1.4	47	-10000	19	130	1.11	43%	0.25	53	2.75%	0	2.7	82	0
4	Sep_11_2017	264.04	248.53	256.27	263.41			284.97(9.72%)	UT	HoldLong	65	1.8	39	-10000	19	100	1.29	43%	0.24	42.2	2.75%	0	3.1	81	0
5	Sep_8_2017	263.42	246.11	252.13	256.75			259.71(0.5%)	UT	HoldLong	65	0.4	20	-10000	1	76	0.34	29%	0.14	26.4	2.53%	0	1.7	76	0

6	Sep_7_2017	263.04	244.73	250.48	256.45			258.41(0.31%)	UT	HoldLong	65	0.2	27	-10000	7	87	0.43	29%	0.15	-7.3	2.53%	0	1.7	76	0
7	Sep_6_2017	262.64	244.25	248.94	254.06			257.61(0.49%)	UT	OpenLong	75	0.5	28	-10000	11	79	0.47	29%	0.16	-37.5	2.55%	0	1.8	64	0
8	Sep_5_2017	262.23	243.84	247.43	250.67			256.37(1.87%)	UT	OpenLong	75	0.8	24	-10000	9	67	0.6	29%	0.14	-75.9	2.55%	0	1.8	67	0
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-30.1	2.58%	0	-2.7	24	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.