Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. May. 25, 2017

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

(MercadoLibre Inc)
MELI latest price $291.9474 (2.14%) ($285.5677 - $295.0224) on Thu. May. 25, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.63% (three month average)
RSI   62
Latest Price   $291.9474(2.14%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.6% a day on average for past five trading days.
Weekly Trend   MELI advances 0.4% a week on average for past two weeks.
Market Behavior   Growth stock 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(64%)    IWF(63%)    ARKK(61%)    IVW(61%)
Factors Impacting MELI price   MELI will decline at least -1.315% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    IPO(-5%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.315% (StdDev 2.63%)
Hourly BBV 0 ()
Intraday Trend 1.2%

5 Day Moving Average   $281.23(3.81%)
10 Day Moving Average   $283.28(3.06%)
20 Day Moving Average   $270.81(7.81%)
To recent high   -1.6%
To recent low   42.3%
Market Cap   $14.513b

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 8.52% (three month std-dev: 2.63%) 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

> 20170625

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	May_25_2017	215.85	270.81	283.28	281.23			291.95(2.14%)	UT	OpenLong	75	0.5	13	-10000	12	14	0.58	67%	0.61	59.2	2.63%	0	0.9	62	0
2	May_24_2017	214.55	267.78	282.05	276.92			285.82(1.59%)	UT	HoldLong	65	0.4	9	-10000	4	24	0.58	69%	0.6	53.6	2.65%	0	0.8	78	0
3	May_23_2017	213.28	264.98	281.61	275.37			281.34(2.34%)	UT	HoldLong	50	0.2	6	-10000	-8	47	0.48	69%	0.33	53	2.68%	0	0.7	78	0
4	May_22_2017	212.58	262.5	281.62	278.45			274.93(1.03%)	UD	OpenLong	65	-0.1	16	-10000	-11	98	0.65	69%	0.58	58.3	2.67%	0	0.5	77	0
5	May_19_2017	211.35	260.14	281.73	282.62			272.13(0.65%)	UD	OpenLong	65	-0.4	33	-10000	-8	156	0.63	69%	0.56	63	2.65%	0	0.5	76	0

6	May_18_2017	210.17	257.81	282.18	285.56			270.37(-2.78%)	UD	OpenLong	65	-0.6	50	-10000	-5	214	2.77	69%	0.56	67.1	2.67%	0	0.5	77	0
7	May_17_2017	208.99	255.54	279.35	287.57			278.1(-6.28%)	UD	OpenLong	65	-0.3	59	-10000	-2	241	1.03	72%	0.6	69.6	2.66%	0	0.8	81	0
8	May_16_2017	207.75	252.6	275.44	288.31			296.74(0.33%)	UT	HoldLong	65	0.3	77	-10000	9	281	0.61	80%	0.45	70.4	2.51%	0	1.6	96	0
9	May_15_2017	206.82	248.55	269.33	285.22			295.76(3.12%)	UT	HoldLong	65	0.4	79	-10000	12	280	0.57	80%	0.71	71.2	2.52%	0	1.8	92	0
10	May_12_2017	205.37	244.62	263.22	280.97			286.82(2.28%)	UT	HoldLong	65	0.2	76	-10000	7	281	0.53	79%	0.67	72.3	2.46%	0	1.7	92	0

11	May_11_2017	204	240.93	257.42	278.55			280.42(-0.49%)	TP	CloseLong	-10	0.1	93	-10000	27	291	1.17	79%	0.65	73.9	2.47%	0	1.7	92	0
12	May_10_2017	202.68	237.6	252.33	269.7			281.8(0.17%)	UT	HoldLong	65	0.6	85	-10000	29	252	0.71	79%	0.67	67.1	2.49%	0	2	93	0
13	May_9_2017	201.34	234.3	246.79	260.25			281.31(2.48%)	UT	HoldLong	65	1.1	76	-10000	30	212	0.55	79%	0.67	62.1	2.49%	0	2.4	94	0
14	May_8_2017	200	230.97	241.41	250.87			274.52(-0.07%)	UD	OpenLong	75	1.5	63	-10000	26	173	0.6	79%	0.63	57.3	2.48%	0	2.7	93	0
15	May_5_2017	198.74	227.99	236.25	242.9			274.72(16.34%)	UT	HoldLong	65	2.5	59	-10000	32	139	1.74	79%	0.61	57.8	2.44%	0	3.7	89	0

16	May_4_2017	197.54	224.9	230.77	233.67			236.13(0.66%)	UT	HoldLong	65	0.4	42	-10000	8	142	0.55	70%	0.42	72.5	1.42%	0	1.6	81	0
17	May_3_2017	196.71	223.82	229.47	232.41			234.59(0.09%)	UT	HoldLong	65	0.3	42	-10000	8	144	0.37	70%	0.41	69.6	1.43%	0	1.6	78	0
18	May_2_2017	195.9	222.84	227.9	231.08			234.38(-0.14%)	UD	OpenLong	75	0.5	36	-10000	5	130	0.28	70%	0.44	71	1.43%	0	1.8	69	0
19	May_1_2017	195.05	222.05	226.23	230.25			234.71(2.7%)	UT	OpenLong	75	0.8	40	-10000	11	126	0.31	70%	0.41	82.1	1.43%	0	2.2	70	0
20	Apr_28_2017	194.26	220.85	224.72	228.42			228.54(-0.56%)	UD	OpenLong	75	0	33	-10000	6	112	0.2	68%	0.37	79.7	1.39%	0	1.4	65	0

21	Apr_27_2017	193.54	220.03	223.42	227.4			229.84(0.85%)	UT	OpenLong	75	0.5	32	-10000	9	100	0.34	68%	0.35	79.6	1.4%	0	1.9	69	0
22	Apr_26_2017	192.86	219.3	222.03	226.04			227.91(-1.02%)	UD	OpenLong	75	0.4	32	-10000	12	91	0.38	68%	0.39	87.2	1.4%	0	1.8	71	0
23	Apr_25_2017	192.12	218.45	221.12	224.16			230.26(2.09%)	UT	OpenLong	75	1.3	33	-10000	17	81	0.65	68%	0.4	85	1.39%	0	2.5	73	0
24	Apr_24_2017	191.36	217.45	219.88	221.6			225.53(0.93%)	UT	OpenLong	75	1	18	-10000	7	49	0.23	68%	0.4	76.1	1.37%	0	2	58	0
25	Apr_21_2017	190.6	216.68	219.14	220.52			223.46(0.18%)	UT	OpenLong	75	0.8	21	-10000	11	52	0.23	68%		72.6	1.4%	0	1.8	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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