Trading Signals: MELI Stock Price Prediction and Forecast

^ MELI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Feb. 13, 2018

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

(MercadoLibre Inc)
MELI latest price $366.5100 (3.7%) ($351.4400 - $367.7000) on Tue. Feb. 13, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.19% (three month average)
RSI   56
Latest Price   $366.5100(3.7%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.9% a day on average for past five trading days.
Weekly Trend   MELI declines -3.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal 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 -1.095% in a week (0% probabilities).
VIXM(-13%)    UUP(-12%)    TLT(-5%)    SHY(-1%)    VXX(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.095% (StdDev 2.19%)
Hourly BBV 0 ()
Intraday Trend 3.9%

5 Day Moving Average   $348.94(5.04%)
10 Day Moving Average   $357.53(2.51%)
20 Day Moving Average   $359.58(1.93%)
To recent high   -6.1%
To recent low   39.7%
Market Cap   $18.219b

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 4.68% (three month std-dev: 2.19%) 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

> 20180313

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	Feb_13_2018	295.19	359.58	357.53	348.94			366.51(3.7%)	DP	OpenShort	-65	1	-18	-10000	8	-95	0.54	68%	0.34	8.5	2.19%	0	0.4	56	-1.2
2	Feb_12_2018	294.19	358.31	359.14	345.73			353.45(5.24%)	DP	OpenShort	-65	0.5	-23	-10000	1	-94	1.12	65%	0.26	2.9	2.16%	0	-0.3	51	-1.4
3	Feb_9_2018	293.43	357.87	362.6	345.43			335.86(-2.74%)	DT	OpenShort	-75	-0.5	-34	-10000	-18	-82	1.58	60%	0.19	5.5	2.08%	0	-1.3	45	-1.7
4	Feb_8_2018	292.87	358.39	367.36	351.94			345.31(0.51%)	DP	OpenShort	-75	-0.4	-21	-10000	-18	-30	1.02	65%	0.2	20.7	2.05%	0	-0.8	54	-2.5
5	Feb_7_2018	292.3	358.27	369.2	358.63			343.55(-1.97%)	CR	SmallShort	-20	-0.9	-15	-10000	-23	11	0.73	65%	0.19	34.4	2.08%	0	-0.8	56	-1.8

6	Feb_6_2018	291.74	358.16	370.86	367.34			350.46(-0.43%)	UD	OpenLong	65	-1	2	-10000	-19	63	1.06	65%	0.22	52.7	2.07%	0	-0.4	60	-2
7	Feb_5_2018	291.11	357.8	371.76	374.52			351.99(-4.45%)	UD	OpenLong	65	-1.3	14	-10000	-19	111	0.61	65%	0.24	71	2.06%	0	-0.3	62	-2.9
8	Feb_2_2018	290.4	356.91	372.22	382.18			368.39(-2.74%)	UD	OpenLong	65	-0.7	29	-10000	-6	132	0.59	83%	0.29	84.8	2.54%	0	0.6	70	-2.2
9	Feb_1_2018	289.56	354.87	370.21	384.87			378.76(-2.15%)	UD	OpenLong	75	-0.3	45	-10000	8	156	0.4	89%	0.31	88.1	2.51%	0	1.2	80	-0.5
10	Jan_31_2018	288.67	352.38	366.68	381.13			387.1(0.19%)	UT	HoldLong	65	0.3	48	-10000	13	151	0.36	89%	0.35	87	2.49%	0	1.8	89	-1.6

11	Jan_30_2018	287.67	349.1	362	374.83			386.37(-1%)	UD	OpenLong	75	0.6	43	-10000	13	131	0.66	89%	0.36	83.9	2.5%	0	2	90	-1.9
12	Jan_29_2018	286.63	345.47	357.25	368.64			390.27(2.2%)	UT	HoldLong	65	1.3	41	-10000	17	111	1.08	89%	0.47	81.5	2.49%	0	2.7	88	-2.1
13	Jan_26_2018	285.28	341.62	352.2	361.04			381.86(6.05%)	UT	HoldLong	65	1.4	36	-10000	17	91	0.93	90%	0.45	79.3	2.5%	0	2.7	89	136.8
14	Jan_25_2018	284.01	338.34	347.94	353.73			360.06(1.25%)	UT	HoldLong	65	0.5	25	-10000	9	73	0.54	89%	0.37	72.7	2.43%	0	1.7	87	137.4
15	Jan_24_2018	282.95	336.23	345.82	350.1			355.6(0.05%)	UT	HoldLong	65	0.5	22	-10000	7	66	0.52	89%	0.36	64.1	2.45%	0	1.6	78	-1.4

16	Jan_23_2018	281.93	334.17	343.98	347.07			355.43(0.9%)	UT	HoldLong	65	0.7	22	-10000	7	65	0.47	81%	0.27	57.1	2.46%	0	1.8	82	0.1
17	Jan_22_2018	281.16	332.27	342.4	343.95			352.27(2.02%)	UT	HoldLong	65	0.7	21	-10000	5	68	0.49	81%	0.37	52.5	2.53%	0	1.8	84	0.9
18	Jan_19_2018	280.11	330.36	340.25	341.99			345.31(1%)	UT	HoldLong	65	0.3	19	-10000	2	71	0.34	81%	0.32	47.6	2.52%	0	1.4	80	1
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		156.3	2.98%	0	1.8	57	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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