Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Jan. 11, 2017

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

(MercadoLibre Inc)
MELI latest price $176.3392 (-0.58%) ($173.7852 - $180.3000) on Wed. Jan. 11, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.25% (three month average)
RSI   83
Latest Price   $176.3392(-0.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.3% a day on average for past five trading days.
Weekly Trend   MELI advances 6.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally 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 -1.125% 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   -1.125% (StdDev 2.25%)
Hourly BBV 0 ()
Intraday Trend -0.9%

5 Day Moving Average   $174.01(1.34%)
10 Day Moving Average   $167.03(5.57%)
20 Day Moving Average   $161.47(9.21%)
To recent high   -4.1%
To recent low   16.9%
Market Cap   $8.766b

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 5.08% (three month std-dev: 2.25%) 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

> 20170211

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_2017	168.88	161.47	167.03	174.01			176.34(-0.58%)	UD	OpenLong	75	0.3	51	-10000	11	169	0.51	39%	0.07	53.5	2.25%	0	1.8	83	0
2	Jan_10_2017	168.77	160.27	165.16	171.83			177.38(2.11%)	UT	HoldLong	65	0.7	53	-10000	17	162	0.5	39%	0.07	48.4	2.27%	0	2.3	84	0
3	Jan_9_2017	168.65	159.21	162.97	168.49			173.71(1.13%)	UT	HoldLong	65	0.8	49	-10000	19	139	0.46	39%	0.04	45.9	2.25%	0	2.3	77	0
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-50	2.07%	0	-0.4	55	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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