Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. Jan. 11, 2018

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

(MercadoLibre Inc)
MELI latest price $342.0200 (0.73%) ($336.6700 - $343.1900) on Thu. Jan. 11, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.97% (three month average)
RSI   74
Latest Price   $342.0200(0.73%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1% a day on average for past five trading days.
Weekly Trend   MELI advances 3.4% a week on average for past two weeks.
Market Behavior   Broad based 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(68%)    QQQ(65%)    IWF(64%)    IVW(63%)    ARKK(62%)
Factors Impacting MELI price   MELI will decline at least -1.485% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    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 0.3%

5 Day Moving Average   $338.18(1.14%)
10 Day Moving Average   $330.46(3.5%)
20 Day Moving Average   $325.27(5.15%)
To recent high   0%
To recent low   54.5%
Market Cap   $17.002b

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 2.8% (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

> 20180211

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	Jan_11_2018	274.83	325.27	330.46	338.18			342.02(0.73%)	UT	OpenLong	75	0.4	23	-10000	6	72	0.31	62%	0.37	158.6	2.97%	0	1.8	74	0
2	Jan_10_2018	273.81	322.98	328.11	334.95			339.55(0.56%)	UT	OpenLong	75	0.6	17	-10000	4	55	0.66	62%	0.37	178.6	2.97%	0	2	55	0
3	Jan_9_2018	272.81	320.51	325.94	332.89			337.65(-0.92%)	UD	OpenLong	75	0.5	16	-10000	6	45	0.29	62%	0.36	156.3	2.98%	0	1.8	57	0
4	Jan_8_2018	271.82	317.57	323.6	329.88			340.79(3%)	UT	OpenLong	75	1	17	-10000	11	35	0.49	62%	0.4	128	2.97%	0	2	64	0
5	Jan_5_2018	270.74	314.25	321.19	324.65			330.87(1.53%)	UT	OpenLong	75	0.4	8	-10000	6	14	0.59	60%	0.37	95	2.96%	0	1.2	57	0

6	Jan_4_2018	269.74	311.43	319.52	321.59			325.88(-1.03%)	N/A	N/A	0	0.3	2	-10000	3	-0	0.39	60%	0.32	77	2.96%	0	0.9	56	0
7	Jan_3_2018	268.88	308.79	319.67	320.19			329.28(2.08%)	UT	OpenLong	75	0.5	8	-10000	5	15	0.44	60%	0.36	67.5	2.96%	0	1.1	72	0
8	Jan_2_2018	267.91	305.97	319.16	318			322.58(2.52%)	UT	OpenLong	75	0.2	9	-10000	3	28	0.37	60%	0.43	60	2.95%	0	0.8	73	0
9	Dec_29_2017	266.75	303.55	318.74	316.42			314.66(-0.29%)	UD	OpenLong	65	-0.1	10	-10000	-2	47	0.42	60%	0.32	54.2	2.94%	0	0.5	76	0
10	Dec_28_2017	265.91	301.64	319.39	317.17			315.57(-1.03%)	UD	OpenLong	75	-0.1	20	-10000	0	81	0.46	60%	0.25	56.3	2.95%	0	0.6	78	0

11	Dec_27_2017	265.25	299.32	319.77	317			318.85(0.16%)	UT	HoldLong	50	0.1	24	-10000	-4	109	0.58	60%	0.26	54.5	2.96%	0	0.9	80	0
12	Dec_26_2017	264.57	296.89	317.64	319.06			318.34(1.16%)	UD	OpenLong	65	-0	32	-10000	-3	138	0.54	60%	0.26	58.1	2.96%	0	0.9	81	0
13	Dec_22_2017	263.89	294.59	314.95	320.58			314.68(-1.16%)	UD	OpenLong	65	-0.3	39	-10000	-2	160	0.45	57%	0.08	61.8	2.97%	0	0.9	79	0
14	Dec_21_2017	263.67	292.41	311.49	321.4			318.39(1.16%)	UD	OpenLong	65	-0.1	42	-10000	-1	172	0.53	54%	0.13	65.6	2.97%	0	1.1	80	0
15	Dec_20_2017	263.34	289.75	307.19	321.89			314.75(-4.37%)	UD	OpenLong	65	-0.3	43	-10000	-2	178	1.3	54%	0.1	68.2	2.99%	0	1.1	77	0

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		105.4	2.97%	0	0.9	61	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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