Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Jun. 6, 2017

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

(MercadoLibre Inc)
MELI latest price $279.5874 (0.41%) ($277.3411 - $285.0486) on Tue. Jun. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.66% (three month average)
RSI   38
Latest Price   $279.5874(0.41%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   MELI declines -0.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off 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 -1.33% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    TLT(-5%)    IPO(-5%)    SHY(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.33% (StdDev 2.66%)
Hourly BBV 0 ()
Intraday Trend 0.6%

Resistance Level   $281.7
5 Day Moving Average   $278.51(0.39%)
10 Day Moving Average   $281.6(-0.71%)
20 Day Moving Average   $281.7(-0.75%)
To recent high   -5.8%
To recent low   36.2%
Market Cap   $13.898b

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 2.45% (three month std-dev: 2.66%) 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

> 20170706

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	Jun_6_2017	223.39	281.7	281.6	278.51			279.59(0.41%)	DP	OpenShort	-75	0.2	-1	-10000	0	-2	0.47	66%	0.26	90.2	2.66%	0	-0.3	38	0
2	Jun_5_2017	222.81	281.5	281.23	278.5			278.44(-0.53%)	DT	OpenShort	-75	-0	-8	-10000	-4	-18	0.35	66%	0.47	115.9	2.66%	0	-0.4	38	0
3	Jun_2_2017	221.76	281.37	280.72	280.11			279.92(-0.01%)	DT	OpenShort	-75	-0	-10	-10000	-6	-23	0.34	67%	0.5	152.3	2.67%	0	-0.2	46	0
4	Jun_1_2017	220.65	279.43	279.88	282.51			279.95(1.92%)	DP	OpenShort	-75	-0.2	-7	-10000	-3	-19	0.52	67%	0.48	99.5	2.67%	0	0	51	0
5	May_31_2017	219.59	277.39	279.71	283.69			274.67(-1.74%)	DT	OpenShort	-75	-0.6	-6	-10000	-3	-16	1	67%	0.46	83.3	2.72%	0	-0.2	47	0

6	May_30_2017	218.58	275.61	281.8	285.02			279.53(-2.43%)	UD	OpenLong	75	-0.3	2	-10000	2	2	0.78	67%	0.71	75.7	2.71%	0	0.2	50	0
7	May_26_2017	217.03	273.55	283.32	284.1			286.49(-1.87%)	UD	OpenLong	75	0.1	10	-10000	8	16	0.49	67%	0.55	64.9	2.63%	0	0.6	59	0
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		71	1.43%	0	1.8	69	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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