Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. Sep. 21, 2017

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

(MercadoLibre Inc)
MELI latest price $281.5795 (-2.87%) ($279.3168 - $291.5492) on Thu. Sep. 21, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.72% (three month average)
RSI   69
Latest Price   $281.5795(-2.87%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.4% a day on average for past five trading days.
Weekly Trend   MELI advances 5.3% a week on average for past two weeks.
Market Behavior   Growth stock sell-off 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%)    SKYY(62%)
Factors Impacting MELI price   MELI will decline at least -1.36% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    SHY(-1%)    IGOV(2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.36% (StdDev 2.72%)
Hourly BBV 0 ()
Intraday Trend -3.2%

5 Day Moving Average   $286.6(-1.75%)
10 Day Moving Average   $285(-1.2%)
20 Day Moving Average   $268.55(4.85%)
To recent high   -3.6%
To recent low   21.2%
Market Cap   $13.997b

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 7.1% (three month std-dev: 2.72%) 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

> 20171021

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_21_2017	268.71	268.55	285	286.6			281.58(-2.87%)	UD	OpenLong	65	-0.3	27	-10000	-3	116	0.58	39%	0.18	64.9	2.72%	0	0.7	69	0
2	Sep_20_2017	268.23	266.68	282.99	287.81			289.9(0.08%)	UT	HoldLong	50	0.1	34	-10000	-1	137	0.72	41%	0.21	66.6	2.71%	0	1.2	80	0
3	Sep_19_2017	267.66	264.32	279.91	288.21			289.67(0.09%)	UT	HoldLong	65	0.1	40	-10000	-0	158	0.46	45%	0.21	70.8	2.71%	0	1.3	82	0
4	Sep_18_2017	267.1	261.88	276.68	288.37			289.41(2.48%)	UT	HoldLong	65	0.1	45	-10000	2	174	0.61	45%	0.23	75	2.76%	0	1.5	80	0
5	Sep_15_2017	266.48	259.17	272.98	287.48			282.42(-1.81%)	UD	OpenLong	75	-0.3	56	-10000	12	186	0.81	45%	0.2	75.3	2.74%	0	1.3	74	0

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-47.6	2.5%	0	-1.4	21	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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