Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. Jan. 18, 2018

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

(MercadoLibre Inc)
MELI latest price $341.8800 (0.42%) ($338.4100 - $347.2800) on Thu. Jan. 18, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.56% (three month average)
RSI   73
Latest Price   $341.8800(0.42%)
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 3.1% a week on average for past two weeks.
Market Behavior   Value stocks 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%)    IVW(63%)    ARKK(62%)
Factors Impacting MELI price   MELI will decline at least -1.28% in a week (0% probabilities).
VIXM(-13%)    UUP(-12%)    TLT(-5%)    VXX(-1%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.28% (StdDev 2.56%)
Hourly BBV 0 ()
Intraday Trend 0.4%

5 Day Moving Average   $341.33(0.16%)
10 Day Moving Average   $338.39(1.03%)
20 Day Moving Average   $329.47(3.77%)
To recent high   -0.2%
To recent low   54.4%
Market Cap   $16.995b

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 3.24% (three month std-dev: 2.56%) 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%)

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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_18_2018	279.21	329.47	338.39	341.33			341.88(0.42%)	UT	OpenLong	75	0.1	19	-10000	1	74	1.04	82%	0.36	62	2.56%	0	1.2	73	0
2	Jan_17_2018	278.21	328.61	337.17	340.87			340.45(0.18%)	UT	OpenLong	75	-0	21	-10000	1	81	0.41	82%	0.38	77.1	2.58%	0	1.1	73	0
3	Jan_16_2018	277.17	327.5	335.48	340.31			339.85(-0.77%)	UD	OpenLong	75	-0	21	-10000	-0	85	0.38	74%	0.48	99.1	2.58%	0	1.2	75	0
4	Jan_12_2018	275.85	326.51	333.11	340.5			342.47(0.13%)	UT	OpenLong	75	0.2	25	-10000	5	86	0.31	62%	0.37	129.6	2.65%	0	1.6	72	0
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		52.1	2.78%	0	2.9	74	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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