Trading Signals: MELI Stock Price Prediction and Forecast

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

Fri. Jan. 6, 2017

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

(MercadoLibre Inc)
MELI latest price $171.7599 (0.51%) ($170.7622 - $172.5980) on Fri. Jan. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.26% (three month average)
RSI   65
Latest Price   $171.7599(0.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.7% a day on average for past five trading days.
Weekly Trend   MELI advances 3.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
IBUY(66%)    QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)
Factors Impacting MELI price   MELI will decline at least -1.13% in a week (0% probabilities).
VIXM(-14%)    UUP(-11%)    TLT(-4%)    IPO(-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   -1.13% (StdDev 2.26%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $164.9(4.16%)
10 Day Moving Average   $161.12(6.6%)
20 Day Moving Average   $158.41(8.43%)
To recent high   -9.2%
To recent low   13.9%
Market Cap   $8.538b

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 3.41% (three month std-dev: 2.26%) 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

> 20170206

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_6_2017	168.59	158.41	161.12	164.9			171.76(0.51%)	UT	OpenLong	75	1.3	36	-10000	15	100	0.39	39%	0.04	43.4	2.26%	0	2.5	65	0
2	Jan_5_2017	168.53	157.96	159.27	162.18			170.88(3.29%)	UT	OpenLong	75	2	31	-10000	17	72	0.91	39%	0.03	44.4	2.26%	0	3	66	0
3	Jan_4_2017	168.48	157.2	157.34	159.05			165.43(2.98%)	UT	OpenLong	75	1.8	16	-10000	9	35	0.56	36%	-0.02	23.5	2.22%	0	2.3	63	0
4	Jan_3_2017	168.51	156.75	156	157.56			160.65(3.13%)	UT	OpenLong	75	1	8	-10000	5	18	0.52	32%	-0.05	8.4	2.19%	0	1.3	62	0
5	Dec_30_2016	168.59	156.32	155.34	156.66			155.78(-1.5%)	UD	OpenLong	75	-0.3	1	-10000	-0	2	0.24	28%	-0.08	-16.5	2.15%	0	-0.2	46	0

6	Dec_29_2016	168.73	156.11	155.6	156.69			158.14(1.86%)	UT	OpenLong	75	0.5	5	-10000	5	3	0.29	28%	-0.07	-36.3	2.14%	0	0.6	47	0
7	Dec_28_2016	168.84	156.05	155.46	155.84			155.26(-1.72%)	DT	HoldShort	-50	-0.2	-3	-10000	3	-19	0.31	28%	-0.09	-54.5	2.14%	0	-0.3	34	0
8	Dec_27_2016	168.99	156.37	155.56	155.27			157.98(1.17%)	DP	OpenShort	-65	0.8	-1	-10000	7	-25	0.33	28%	-0.11	-52.5	2.13%	0	0.5	51	0
9	Dec_23_2016	169.17	156.51	155.07	154.19			156.15(0.13%)	DP	OpenShort	-65	0.5	-10	-10000	2	-45	0.17	28%	0.02	-51.7	2.11%	0	-0.1	49	0
10	Dec_22_2016	169.13	156.8	155.22	153.85			155.94(1.33%)	DP	OpenShort	-75	0.5	-13	-10000	-3	-42	0.48	28%	0.04	-46.7	2.12%	0	-0.2	56	0

11	Dec_21_2016	169.07	157.27	155.52	154.41			153.9(0.99%)	DP	OpenShort	-75	-0.1	-9	-10000	-4	-23	0.31	34%	0.02	-28.1	2.14%	0	-0.8	56	0
12	Dec_20_2016	169.04	157.78	156.57	155.08			152.39(-0.12%)	DT	OpenShort	-75	-0.6	-5	-10000	-5	-5	0.62	34%	0	-14.4	2.2%	0	-1.2	46	0
13	Dec_19_2016	169.04	158.19	157.08	155.86			152.58(-1.22%)	DT	OpenShort	-75	-0.8	-2	-10000	-1	-4	0.37	34%	0	-2.6	2.2%	0	-1.3	41	0
14	Dec_16_2016	169.04	158.46	157.62	155.98			154.46(-2.69%)	DT	OpenShort	-75	-0.4	-6	-10000	-4	-10	0.36	34%	0.02	0	2.21%	0	-1	44	0
15	Dec_15_2016	169.01	158.6	157.48	156.71			158.73(0.96%)	DP	OpenShort	-75	0.5	-5	-10000	-1	-18	0.4	35%	0.05	-1.2	2.19%	0	0	46	0

16	Dec_14_2016	168.93	158.5	156.74	156.85			157.22(0.59%)	DP	OpenShort	-75	0.1	-18	-10000	-9	-44	0.33	34%	0.04	-17.5	2.2%	0	-0.3	41	0
17	Dec_13_2016	168.86	158.43	156.73	158.42			156.31(2.04%)	DP	OpenShort	-75	-0.5	-10	-10000	-1	-38	0.4	34%	0.03	-27.3	2.22%	0	-0.5	42	0
18	Dec_12_2016	168.81	158.3	157.29	158.56			153.18(-3.11%)	DT	OpenShort	-75	-1.3	-13	-10000	-5	-35	0.56	34%	0	-41.9	2.21%	0	-1.2	45	0
19	Dec_9_2016	168.81	158.46	158.11	159.42			158.09(-0.84%)	N/A	N/A	0	-0.3	1	-10000	7	-17	0.79	36%	0.03	-49	2.18%	0	-0.1	52	0
20	Dec_8_2016	168.76	158.65	158.52	158.21			159.44(-3.42%)	N/A	N/A	0	0.3	3	-10000	10	-19	0.63	36%	0.05	-59.7	2.19%	0	0.2	54	0

21	Dec_7_2016	168.68	159.22	159.11	156.48			165.08(5.12%)	N/A	N/A	0	1.7	2	-10000	9	-21	0.79	38%	0.1	-53.4	2.16%	0	1.1	61	0
22	Dec_6_2016	168.51	159.56	158.92	154.93			157.04(-0.25%)	DT	OpenShort	-75	0.4	-13	-10000	-7	-30	0.71	31%	0.05	-50	2.07%	0	-0.4	55	0
23	Dec_5_2016	168.42	160.11	159.25	156			157.43(3.53%)	DP	OpenShort	-75	0.2	-6	-10000	-5	-8	1	31%	0.06	-42.9	2.07%	0	-0.4	58	0
24	Dec_2_2016	168.32	160.54	159.26	156.78			152.06(0.83%)	N/A	N/A	0	-0.7	-10	-10000	-13	0	0.59	36%	0.02	-40.3	2.03%	0	-1.3	48	0
25	Dec_1_2016	168.29	161.23	159.85	158.9			150.81(-4.13%)	N/A	N/A	0	-1.3	-10	-10000	-17	10	0.91	36%		-35.5	2.23%	0	-1.7	37	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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