Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Oct. 26, 2016

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

(MercadoLibre Inc)
MELI latest price $170.0924 (-0.23%) ($168.2185 - $171.5227) on Wed. Oct. 26, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.47% (three month average)
RSI   29
Latest Price   $170.0924(-0.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.2% a day on average for past five trading days.
Weekly Trend   MELI declines -3.8% a week on average for past two weeks.
Market Behavior   Growth stock 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(65%)    QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)
Factors Impacting MELI price   MELI will decline at least -1.235% in a week (0% probabilities).
VIXM(-14%)    UUP(-11%)    IPO(-6%)    TLT(-4%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.235% (StdDev 2.47%)
Hourly BBV 0 ()
Intraday Trend 0.6%

Resistance Level   $176.95
5 Day Moving Average   $171.34(-0.73%)
10 Day Moving Average   $169.53(0.33%)
20 Day Moving Average   $176.95(-3.88%)
To recent high   -10.7%
To recent low   12.9%
Market Cap   $8.455b

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 4.67% (three month std-dev: 2.47%) 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

> 20161126

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	Oct_26_2016	161.94	176.95	169.53	171.34			170.09(-0.23%)	DT	HoldShort	-50	-0.2	-22	-10000	1	-92	0.44	68%	0.2	-47.3	2.47%	0	-0.8	29	0
2	Oct_25_2016	161.61	177.78	170.64	171.09			170.48(-1.03%)	DT	HoldShort	-50	-0.1	-22	-10000	3	-98	0.26	65%	0.2	-47.9	2.47%	0	-0.9	29	0
3	Oct_24_2016	161.28	178.6	171.85	170.39			172.26(-0.64%)	DP	OpenShort	-65	0.2	-22	-10000	5	-104	0.35	65%	0.23	-46.9	2.48%	0	-0.8	35	0
4	Oct_21_2016	160.91	179.29	173.32	169.41			173.36(1.68%)	DP	OpenShort	-65	0.5	-22	-10000	7	-108	0.61	65%	0.24	-46.6	2.48%	0	-0.7	34	0
5	Oct_20_2016	160.53	179.94	174.75	168.03			170.49(0.96%)	DP	OpenShort	-65	0.3	-28	-10000	2	-116	0.81	67%	0.22	-45.6	2.47%	0	-1.1	32	0

6	Oct_19_2016	160.18	180.94	176.23	167.52			168.88(1.15%)	DP	OpenShort	-75	0.2	-41	-10000	-13	-124	0.78	67%	0.21	-40.4	2.49%	0	-1.5	32	0
7	Oct_18_2016	159.85	181.85	177.93	170.26			166.96(-0.23%)	DT	OpenShort	-75	-0.4	-39	-10000	-16	-108	0.71	67%	0.05	-25.1	2.48%	0	-2	25	0
8	Oct_17_2016	159.77	182.53	179.72	173.64			167.34(0.51%)	DP	OpenShort	-75	-0.9	-37	-10000	-19	-90	0.84	67%	0.21	-13	2.48%	0	-2.2	25	0
9	Oct_14_2016	159.44	183.19	181.64	177.89			166.49(-0.84%)	DT	OpenShort	-75	-1.9	-31	-10000	-20	-62	3.33	67%	0.21	4.2	2.48%	0	-2.7	25	0
10	Oct_13_2016	159.11	183.82	183.59	182.43			167.91(-8.05%)	DT	OpenShort	-75	-2.7	-19	-10000	-15	-30	2.13	67%	0.23	27.1	2.48%	0	-3	26	0

11	Oct_12_2016	158.75	184.27	185.31	185.99			182.61(-0.68%)	DT	OpenShort	-75	-0.7	-5	-10000	-3	-9	0.3	81%	0.31	42.2	2.26%	0	-0.3	34	0
12	Oct_11_2016	158.26	183.78	185.76	186.64			183.87(-2.49%)	DT	OpenShort	-75	-0.5	-1	-10000	-0	-2	0.46	82%	0.34	35.6	2.26%	0	0	47	0
13	Oct_10_2016	157.72	183.43	186.06	186.67			188.57(-0.34%)	UD	OpenLong	75	0.4	5	-10000	3	10	0.38	88%	0.36	27.6	2.24%	0	1	67	0
14	Oct_7_2016	157.16	182.93	185.78	186.07			189.21(1.9%)	UT	OpenLong	75	0.6	8	-10000	5	17	0.32	89%	0.38	19.1	2.25%	0	1.2	69	0
15	Oct_6_2016	156.56	182.38	185.44	185.1			185.68(-0.11%)	UD	OpenLong	75	0.1	7	-10000	2	21	0.22	89%	0.35	19.9	2.26%	0	0.7	68	0

16	Oct_5_2016	156.01	182.2	185.87	184.59			185.88(1.03%)	UT	HoldLong	50	0.3	9	-10000	-1	38	0.19	89%	0.37	27.6	2.26%	0	0.8	72	0
17	Oct_4_2016	155.44	181.95	185.88	184.79			183.99(-0.86%)	UD	OpenLong	65	-0.2	13	-10000	-3	59	0.22	89%	0.37	43.3	2.26%	0	0.4	73	0
18	Oct_3_2016	154.87	181.99	185.43	185.34			185.59(0.66%)	UT	OpenLong	75	0.1	18	-10000	-0	70	0.27	89%	0.39	64.5	2.27%	0	0.7	64	0
19	Sep_30_2016	154.27	181.94	184.76	185.44			184.37(0.67%)	UD	OpenLong	65	-0.2	16	-10000	-2	71	0.18	89%	0.38	83.5	2.27%	0	0.5	58	0
20	Sep_29_2016	153.69	181.41	184.05	185.83			183.14(-1.99%)	UD	OpenLong	65	-0.5	13	-10000	-7	71	0.23	90%	0.36	87.7	2.28%	0	0.3	57	0

21	Sep_28_2016	153.14	180.86	183.24	187.3			186.87(0.07%)	UT	OpenLong	75	-0.1	20	-10000	1	75	0.18	91%	0.39	95.2	2.32%	0	1.1	55	0
22	Sep_27_2016	152.54	179.86	181.75	187.12			186.74(0.35%)	UT	OpenLong	75	-0.1	21	-10000	7	64	0.22	85%	0.4	86	2.37%	0	1.1	56	0
23	Sep_26_2016	151.93	178.85	180.68	185.48			186.09(-0.13%)	UD	OpenLong	75	0.1	15	-10000	7	39	0.26	85%	0.4	74.1	2.44%	0	1.1	49	0
24	Sep_23_2016	151.33	177.88	179.9	183.9			186.33(-2.18%)	UD	OpenLong	75	0.3	12	-10000	9	19	0.28	78%	0.42	64.8	2.53%	0	1.2	49	0
25	Sep_22_2016	150.69	176.87	179.05	181.93			190.47(2.41%)	UT	OpenLong	75	1.2	15	-10000	15	14	0.5	78%		56	2.52%	0	1.9	68	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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