Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Dec. 19, 2017

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

(MercadoLibre Inc)
MELI latest price $329.1252 (0.97%) ($322.4184 - $334.8326) on Tue. Dec. 19, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.94% (three month average)
RSI   91
Latest Price   $329.1252(0.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 2.2% a day on average for past five trading days.
Weekly Trend   MELI advances 9.6% 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%)    QQQ(65%)    IWF(64%)    ARKK(62%)    IVW(62%)
Factors Impacting MELI price   MELI will decline at least -1.47% 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   -1.47% (StdDev 2.94%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $322.7(1.99%)
10 Day Moving Average   $303.15(8.57%)
20 Day Moving Average   $287.4(14.52%)
To recent high   0%
To recent low   48.7%
Market Cap   $16.361b

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 7.71% (three month std-dev: 2.94%) 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

> 20180119

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_19_2017	263.08	287.4	303.15	322.7			329.13(0.97%)	UT	HoldLong	65	0.3	62	-10000	15	202	0.71	58%	0.16	73	2.94%	0	1.9	91	0
2	Dec_18_2017	262.66	284.09	297.28	315.87			325.97(2.26%)	UT	HoldLong	65	0.5	58	-10000	17	181	0.56	58%	0.14	70.1	2.93%	0	2.1	87	0
3	Dec_15_2017	262.29	281.09	291.73	308.41			318.76(-0.65%)	UD	OpenLong	75	0.6	53	-10000	19	154	0.86	58%	0.13	67.4	2.94%	0	2.1	82	0
4	Dec_14_2017	261.96	278.14	286.96	299.92			320.86(0.65%)	UT	HoldLong	65	1.3	48	-10000	23	124	0.88	58%	0.14	59.4	2.95%	0	2.7	84	0
5	Dec_13_2017	261.6	275.09	282.06	290.26			318.79(8.07%)	UT	HoldLong	65	2.3	41	-10000	23	93	1.74	58%	0.15	54	2.95%	0	3.5	85	0

6	Dec_12_2017	261.2	272.08	276.62	280.92			294.98(2.19%)	UT	OpenLong	75	1.8	23	-10000	13	53	0.98	52%	0.05	52.1	2.78%	0	2.9	74	0
7	Dec_11_2017	261.07	270.56	273.94	276.06			288.66(4.47%)	UT	OpenLong	75	2.2	15	-10000	9	34	0.89	60%	0.03	46	2.78%	0	3.2	73	0
8	Dec_8_2017	260.98	269.56	272.15	272.65			276.32(1.38%)	UT	OpenLong	75	0.9	6	-10000	2	17	0.44	56%	-0.02	47.9	2.98%	0	1.7	58	0
9	Dec_7_2017	261.04	269.03	271.6	271.94			272.55(0.17%)	UT	HoldLong	50	0.2	4	-10000	-1	19	0.38	56%	-0.03	85	2.97%	0	1	63	0
10	Dec_6_2017	261.12	268.43	270.97	272.43			272.08(0.52%)	UT	OpenLong	75	-0.1	8	-10000	2	25	0.57	56%	-0.03	105.4	2.97%	0	0.9	61	0

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		33.2	3.05%	0	0.9	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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