Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Dec. 5, 2017

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

(MercadoLibre Inc)
MELI latest price $270.6727 (-0.34%) ($269.6432 - $278.5590) on Tue. Dec. 5, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.97% (three month average)
RSI   61
Latest Price   $270.6727(-0.34%)
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 sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
IBUY(68%)    IWF(64%)    QQQ(64%)    ARKK(62%)    IVW(62%)
Factors Impacting MELI price   MELI will decline at least -1.485% in a week (0% probabilities).
VIXM(-13%)    UUP(-12%)    TLT(-5%)    SHY(-1%)    IGOV(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.485% (StdDev 2.97%)
Hourly BBV 0 ()
Intraday Trend -0.7%

5 Day Moving Average   $271.53(-0.32%)
10 Day Moving Average   $270.63(0.02%)
20 Day Moving Average   $268.09(0.96%)
To recent high   -7.3%
To recent low   22.3%
Market Cap   $13.455b

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 1.46% (three month std-dev: 2.97%) 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

> 20180105

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	Dec_5_2017	261.2	268.09	270.63	271.53			270.67(-0.34%)	UD	OpenLong	75	-0.2	6	-10000	0	25	0.91	56%	-0.02	131.5	2.97%	0	0.7	61	0
2	Dec_4_2017	261.25	267.96	270.18	271.34			271.6(-0.43%)	UD	OpenLong	75	0.1	6	-10000	-0	24	0.86	56%	-0.01	175	2.98%	0	0.9	55	0
3	Dec_1_2017	261.27	267.72	269.97	271.51			272.78(-0.81%)	UD	OpenLong	75	0.3	7	-10000	1	25	0.73	54%	0.01	223.6	3%	0	1.3	51	0
4	Nov_30_2017	261.25	266.01	268.96	271.21			275.01(2.78%)	UT	OpenLong	75	0.5	10	-10000	5	23	0.87	57%	0	113.1	3.05%	0	1.2	58	0
5	Nov_29_2017	261.24	264.3	267.78	269.36			267.57(-0.79%)	UD	OpenLong	65	-0.2	3	-10000	-1	15	0.83	57%	0.02	97.2	3.05%	0	0.3	59	0

6	Nov_28_2017	261.19	263.03	267.31	269.57			269.71(-1.02%)	UD	OpenLong	75	0	6	-10000	2	16	0.5	57%	0.04	93.6	3.05%	0	0.6	54	0
7	Nov_27_2017	261.08	261.37	267.01	268.77			272.49(0.46%)	UT	OpenLong	75	0.3	4	-10000	1	11	0.65	57%	0.07	84.5	3.05%	0	0.9	53	0
8	Nov_24_2017	260.91	259.61	266.73	268.19			271.25(2.06%)	UT	OpenLong	75	0.2	6	-10000	4	13	0.24	57%	0.13	78.8	3.05%	0	0.9	53	0
9	Nov_22_2017	260.58	257.58	266.18	266.41			265.77(-1.07%)	UD	OpenLong	75	-0	7	-10000	1	25	0.31	57%	0.02	60.2	3.02%	0	0.5	72	0
10	Nov_21_2017	260.53	255.49	265.67	265.94			268.63(1.1%)	UT	OpenLong	75	0.2	12	-10000	3	39	0.37	57%	0.07	50.3	3.02%	0	0.8	71	0

11	Nov_20_2017	260.35	253.4	265.32	264.69			265.72(-1.44%)	UT	HoldLong	50	0.1	12	-10000	-1	50	0.51	57%	0.06	44.6	3.03%	0	0.7	69	0
12	Nov_17_2017	260.19	251.49	265.55	264.94			269.6(2.76%)	UT	HoldLong	50	0.3	19	-10000	-1	77	0.68	55%	0.07	43.8	3.02%	0	1	74	0
13	Nov_16_2017	260.02	249.75	265.25	265.17			262.36(-0.4%)	UD	OpenLong	65	-0.2	24	-10000	-2	103	0.71	55%	0	43	3.03%	0	0.7	71	0
14	Nov_15_2017	260.02	248.42	262.93	265.95			263.42(0.4%)	UT	OpenLong	75	-0.2	31	-10000	2	116	0.36	55%	0.03	42.6	3.05%	0	0.9	74	0
15	Nov_14_2017	259.94	247.3	260.7	265.27			262.37(-1.72%)	UD	OpenLong	65	-0.2	31	-10000	-2	129	0.38	55%	-0.02	33.2	3.05%	0	0.9	77	0

16	Nov_13_2017	259.99	245.88	258.66	265.89			266.95(-1.4%)	UT	HoldLong	50	0.1	37	-10000	-1	149	0.5	55%	-0.03	24.1	3.04%	0	1.3	76	0
17	Nov_10_2017	260.07	244.12	255.53	266.18			270.74(1.67%)	UT	HoldLong	65	0.3	42	-10000	2	163	0.84	51%	-0.02	15.1	3.06%	0	1.7	77	0
18	Nov_9_2017	260.11	242.65	252.04	265.48			266.28(2.43%)	UT	OpenLong	75	0.1	52	-10000	15	164	1.24	51%	-0.04	7.6	3.2%	0	1.7	67	0
19	Nov_8_2017	260.22	241.48	248.34	259.4			259.98(-2.08%)	UD	OpenLong	75	0	41	-10000	10	133	0.56	51%	-0.04	-11.2	3.19%	0	1.2	64	0
20	Nov_7_2017	260.33	241.92	244.59	255.19			265.51(-1.08%)	UD	OpenLong	75	0.6	36	-10000	13	103	0.61	51%	-0.03	-14.9	3.18%	0	1.5	62	0

21	Nov_6_2017	260.41	242.01	240.49	250.12			268.4(0.44%)	UT	OpenLong	75	1.1	32	-10000	17	76	0.77	51%	0.02	-20.9	3.19%	0	1.6	67	0
22	Nov_3_2017	260.36	241.78	236.06	243.32			267.22(13.28%)	UT	OpenLong	75	1.5	21	-10000	15	38	2.94	45%	0.02	-30.7	3.46%	0	1.6	68	0
23	Nov_2_2017	260.31	241.57	232.51	237.06			235.89(-1.26%)	UD	OpenLong	75	-0.1	4	-10000	4	2	1.01	36%	-0.11	-38.2	3.05%	0	-0.3	43	0
24	Nov_1_2017	260.6	243.18	232.43	235.67			238.91(-0.54%)	N/A	N/A	0	0.2	5	-10000	10	-10	0.69	36%	-0.13	-37.8	3.05%	0	-0.3	44	0
25	Oct_31_2017	260.94	244.34	232.59	232.16			240.2(2.48%)	DP	OpenShort	-65	0.5	-6	-10000	9	-50	0.44	36%		-43.3	3.05%	0	-0.2	31	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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