Trading Signals: MELI Stock Price Prediction and Forecast

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Wed. Jan. 25, 2017

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

(MercadoLibre Inc)
MELI latest price $182.9538 (0.04%) ($181.5072 - $185.3582) on Wed. Jan. 25, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.06% (three month average)
RSI   77
Latest Price   $182.9538(0.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.9% a day on average for past five trading days.
Weekly Trend   MELI advances 2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based 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 -1.03% in a week (0% probabilities).
VIXM(-13%)    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   -1.03% (StdDev 2.06%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $178.88(2.28%)
10 Day Moving Average   $177.35(3.16%)
20 Day Moving Average   $171.45(6.71%)
To recent high   0%
To recent low   21.3%
Market Cap   $9.095b

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 4.85% (three month std-dev: 2.06%) 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

> 20170225

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_25_2017	169.4	171.45	177.35	178.88			182.95(0.04%)	UT	HoldLong	65	0.5	22	-10000	9	62	0.25	50%	-0.02	76.1	2.06%	0	1.4	77	0
2	Jan_24_2017	169.43	170.12	176.73	177.26			182.88(2.57%)	UT	HoldLong	65	0.7	23	-10000	6	73	0.48	50%	0.08	71.6	2.07%	0	1.5	81	0
3	Jan_23_2017	169.29	168.77	175.76	176.21			178.3(1.45%)	UT	HoldLong	65	0.3	25	-10000	3	92	0.44	47%	-0.04	69.7	2.05%	0	1.2	82	0
4	Jan_20_2017	169.36	167.56	175.11	175.76			175.76(0.73%)	UT	OpenLong	75	0	30	-10000	3	112	0.45	47%	0.02	64.8	2.05%	0	1	75	0
5	Jan_19_2017	169.33	166.42	174.66	175.16			174.49(-0.21%)	UD	OpenLong	65	-0.1	32	-10000	-2	133	0.25	47%	0.02	59.3	2.05%	0	0.9	77	0

6	Jan_18_2017	169.3	165.34	173.85	175.53			174.85(-1.57%)	UD	OpenLong	65	-0.1	36	-10000	-3	152	0.35	47%	0.05	58.8	2.06%	0	1.1	71	0
7	Jan_17_2017	169.21	164.32	172.54	176.04			177.64(0.91%)	UT	HoldLong	65	0.2	47	-10000	4	174	0.71	47%	0.09	57.4	2.04%	0	1.5	76	0
8	Jan_13_2017	169.06	163.32	170.45	175.25			176.04(1.88%)	UT	HoldLong	65	0.1	47	-10000	5	173	0.29	41%	0.07	56.1	2.03%	0	1.4	76	0
9	Jan_12_2017	168.95	162.33	168.71	174.39			172.79(-2.01%)	UD	OpenLong	75	-0.2	41	-10000	2	158	0.32	41%	0.04	52.8	2.26%	0	1.2	76	0
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-2.6	2.2%	0	-1.3	41	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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