Trading Signals: MELI Stock Price Prediction and Forecast

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

Fri. Mar. 17, 2017

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

(MercadoLibre Inc)
MELI latest price $210.7990 (-0.13%) ($209.0830 - $212.1733) on Fri. Mar. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.27% (three month average)
RSI   57
Latest Price   $210.7990(-0.13%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   MELI advances 0.6% a week on average for past two weeks.
Market Behavior   Value stocks sell-off 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 -0.635% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    IPO(-4%)    SHY(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.635% (StdDev 1.27%)
Hourly BBV 0 ()
Intraday Trend -0.2%

5 Day Moving Average   $212.11(-0.62%)
10 Day Moving Average   $211.05(-0.12%)
20 Day Moving Average   $208.35(1.18%)
To recent high   -1.8%
To recent low   38.3%
Market Cap   $10.479b

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 2.37% (three month std-dev: 1.27%) 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

> 20170417

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	Mar_17_2017	177.38	208.35	211.05				210.8(-0.13%)	UD	OpenLong	75	-0.3	7	-10000	0	26	0.46	92%	0.25	77.6	1.27%	0	0.5	57	0
2	Mar_16_2017	176.94	207.73	211.19	212.11			211.07(-1.66%)	UD	OpenLong	75	-0.2	12	-10000	3	38	0.34	82%	0.24	77.6	1.28%	0	0.6	59	0
3	Mar_15_2017	176.52	207.17	210.94	211.67			214.63(1.33%)	UT	HoldLong	65	0.5	20	-10000	9	52	0.31	88%	0.26	80	1.32%	0	1.3	77	0
4	Mar_14_2017	176.06	206.28	210.5	210.48			211.81(-0.21%)	UD	OpenLong	75	0.2	16	-10000	2	57	0.28	87%	0.23	77.6	1.32%	0	1	74	0
5	Mar_13_2017	175.65	205.45	210.34	210.28			212.25(0.69%)	UT	HoldLong	65	0.3	23	-10000	3	82	0.51	87%	0.23	75.9	1.31%	0	1.1	77	0

6	Mar_10_2017	175.24	204.59	209.89	209.89			210.8(0.91%)	UT	HoldLong	50	0.1	21	-10000	-2	91	0.25	75%	0.24	76.3	1.39%	0	1	76	0
7	Mar_9_2017	174.82	203.64	209.56	210.18			208.89(0.12%)	UT	OpenLong	75	-0.2	30	-10000	1	116	0.26	75%	0.24	76.3	1.41%	0	0.8	75	0
8	Mar_8_2017	174.4	202.79	208.71	210.06			208.64(-1.03%)	UD	OpenLong	65	-0.2	27	-10000	-3	116	0.29	66%	0.25	74.7	1.41%	0	0.8	68	0
9	Mar_7_2017	173.97	201.94	207.93	210.47			210.81(0.25%)	UT	HoldLong	65	0	32	-10000	1	125	0.39	71%	0.26	78.8	1.49%	0	1.2	76	0
10	Mar_6_2017	173.52	200.97	206.71	210.38			210.28(-0.94%)	UD	OpenLong	75	-0	34	-10000	3	125	0.3	71%	0.27	83.8	1.6%	0	1.3	78	0

11	Mar_3_2017	173.06	199.94	205.52	209.88			212.27(1.9%)	UT	HoldLong	65	0.3	37	-10000	6	128	0.28	74%	0.27	87.5	1.63%	0	1.7	82	0
12	Mar_2_2017	172.6	198.72	204.03	208.89			208.31(-1.12%)	UD	OpenLong	75	-0.1	42	-10000	11	134	0.24	73%	0.16	90.6	1.63%	0	1.4	83	0
13	Mar_1_2017	172.33	197.71	203.14	207.09			210.68(0.14%)	UT	HoldLong	65	0.5	43	-10000	13	133	0.52	65%	0.16	88.3	1.62%	0	1.9	88	0
14	Feb_28_2017	172.05	196.41	201.7	204.95			210.38(1.27%)	UT	HoldLong	65	0.8	39	-10000	14	114	0.52	60%	0.13	84.8	1.76%	0	2.1	88	0
15	Feb_27_2017	171.83	195.1	200.08	202.48			207.75(0.21%)	UT	HoldLong	65	0.8	33	-10000	11	97	0.48	60%	0.12	84.7	1.76%	0	2	87	0

16	Feb_24_2017	171.63	193.81	198.75	200.52			207.31(3.99%)	UT	HoldLong	65	1.1	30	-10000	11	87	1	60%	0.13	83.8	1.79%	0	2.2	88	0
17	Feb_23_2017	171.41	192.57	197.11	198.57			199.36(-0.29%)	UD	OpenLong	75	0.1	18	-10000	-0	72	0.56	56%	0.08	89	1.75%	0	1.2	84	0
18	Feb_22_2017	171.27	191.76	196.34	198.59			199.94(0.96%)	UT	HoldLong	65	0.2	23	-10000	4	81	0.35	59%	0.1	95.3	1.75%	0	1.4	87	0
19	Feb_21_2017	171.1	190.9	195.47	197.93			198.04(0.04%)	UT	HoldLong	65	0	25	-10000	4	86	0.65	59%	-0.01	98.3	1.77%	0	1.3	88	0
20	Feb_17_2017	171.11	189.93	194.8	197.25			197.97(0.21%)	UT	HoldLong	65	0.1	26	-10000	4	92	0.33	59%	0.09	84.5	1.77%	0	1.2	89	0

21	Feb_16_2017	170.96	188.84	193.98	196.62			197.55(-0.96%)	UT	HoldLong	50	0.1	31	-10000	7	101	0.23	59%	0.06	80.5	1.77%	0	1.3	90	0
22	Feb_15_2017	170.85	187.71	193.05	195.37			199.47(1.45%)	UT	HoldLong	65	0.6	33	-10000	10	102	0.33	59%	0.08	73.1	1.76%	0	1.7	93	0
23	Feb_14_2017	170.71	186.48	191.89	193.75			196.61(1%)	UT	HoldLong	65	0.4	28	-10000	6	95	0.31	59%	0.06	69	1.76%	0	1.5	92	0
24	Feb_13_2017	170.61	185.51	190.73	192.67			194.67(-0.08%)	TP	CloseLong	-10	0.3	25	-10000	4	88	0.34	59%	0.05	71.1	1.77%	0	1.4	91	0
25	Feb_10_2017	170.52	184.57	189.74	191.99			194.83(1.86%)	UT	HoldLong	65	0.5	27	-10000	6	90	0.48	47%		73.2	1.87%	0	1.6	94	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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