Trading Signals: MELI Stock Price Prediction and Forecast

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

Thu. Jul. 13, 2017

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

(MercadoLibre Inc)
MELI latest price $271.2601 (-1.02%) ($269.5219 - $275.7155) on Thu. Jul. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.9% (three month average)
RSI   45
Latest Price   $271.2601(-1.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.6% a day on average for past five trading days.
Weekly Trend   MELI declines -0.1% a week on average for past two weeks.
Market Behavior   Value 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 -1.45% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    IPO(-6%)    TLT(-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   -1.45% (StdDev 2.9%)
Hourly BBV 0 ()
Intraday Trend -0.7%

5 Day Moving Average   $264.47(2.57%)
10 Day Moving Average   $257.99(5.14%)
20 Day Moving Average   $262.68(3.27%)
To recent high   -8.6%
To recent low   26.1%
Market Cap   $13.484b

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 3.59% (three month std-dev: 2.9%) 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

> 20170813

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	Jul_13_2017	244.01	262.68	257.99	264.47			271.26(-1.02%)	UD	OpenLong	75	0.7	9	-10000	11	2	0.73	60%	0.3	-21.4	2.9%	0	0.9	45	0
2	Jul_12_2017	243.28	262.28	256.85	260.39			274.07(4.55%)	N/A	N/A	0	1.5	4	-10000	14	-25	0.81	59%	0.32	-43.8	2.89%	0	1.3	45	0
3	Jul_11_2017	242.5	262.09	254.8	255.32			262.14(1%)	DP	OpenShort	-65	0.7	-11	-10000	7	-63	0.59	55%	0.08	-62.8	2.86%	0	0	42	0
4	Jul_10_2017	242.3	262.46	255.13	252.97			259.55(1.65%)	DP	OpenShort	-65	0.7	-16	-10000	5	-79	0.6	55%	0.26	-72.9	2.85%	0	-0.3	38	0
5	Jul_7_2017	241.67	263.17	256.4	251.19			255.34(1.79%)	DP	OpenShort	-65	0.4	-19	-10000	2	-82	0.58	55%	0.25	-78.6	2.85%	0	-0.8	46	0

6	Jul_6_2017	241.07	264.71	258.24	250.56			250.84(0.85%)	DP	OpenShort	-75	0	-25	-10000	-6	-81	0.61	55%	0.22	-69.6	2.84%	0	-1.3	43	0
7	Jul_5_2017	240.54	266.38	260.73	252.8			248.72(-0.68%)	DT	OpenShort	-75	-0.4	-19	-10000	-4	-63	0.79	55%	0.42	-59.3	2.84%	0	-1.6	40	0
8	Jul_3_2017	239.54	267.97	263	254.15			250.42(-0.08%)	DT	OpenShort	-75	-0.4	-22	-10000	-9	-61	0.24	57%	0.24	-59.7	2.83%	0	-1.7	35	0
9	Jun_30_2017	238.97	269.42	265.4	257.58			250.62(-0.61%)	DT	OpenShort	-75	-0.7	-21	-10000	-13	-46	0.48	55%	0.25	-58.4	2.85%	0	-1.9	38	0
10	Jun_29_2017	238.37	270.94	266.85	262.42			252.17(-3.77%)	DT	OpenShort	-75	-1.1	-17	-10000	-12	-33	0.76	57%	0.26	-55.9	2.86%	0	-2.1	36	0

11	Jun_28_2017	237.75	272.4	268.15	267.04			262.04(2.55%)	DP	OpenShort	-75	-0.6	-14	-10000	-8	-30	0.92	60%	0.31	-52.1	2.82%	0	-1.3	33	0
12	Jun_27_2017	237.02	273.08	268.51	269.94			255.52(-4.5%)	DT	OpenShort	-75	-1.9	-14	-10000	-8	-32	0.74	60%	0.27	-48	2.81%	0	-2.3	31	0
13	Jun_26_2017	236.37	274.35	270.33	273.01			267.57(-2.63%)	DT	OpenShort	-75	-0.8	-8	-10000	-3	-23	0.41	64%	0.34	-40.2	2.74%	0	-1	42	0
14	Jun_23_2017	235.57	275.28	270.64	274.27			274.79(-0.19%)	DP	OpenShort	-65	0.1	-1	-10000	6	-20	0.48	64%	0.37	-24.6	2.72%	0	-0.1	47	0
15	Jun_22_2017	234.69	276.05	270.53	271.92			275.3(-0.45%)	DP	OpenShort	-65	0.4	-3	-10000	7	-34	0.58	65%	0.38	-17.9	2.72%	0	-0.1	46	0

16	Jun_21_2017	233.8	276.54	271.53	269.43			276.54(2.11%)	DP	OpenShort	-65	0.9	-5	-10000	7	-40	0.56	61%	0.4	-21.9	2.72%	0	0	47	0
17	Jun_20_2017	232.87	276.76	272.17	267.04			270.83(-1.11%)	DT	OpenShort	-75	0.5	-12	-10000	-1	-46	0.59	62%	0.38	-38.6	2.8%	0	-0.7	48	0
18	Jun_19_2017	231.99	277.01	272.99	267.38			273.88(4.13%)	DP	OpenShort	-65	0.8	-10	-10000	2	-45	0.6	62%	0.41	-49.7	2.8%	0	-0.4	45	0
19	Jun_16_2017	231.05	276.97	273.4	266.66			263.02(0.06%)	DP	OpenShort	-75	-0.5	-19	-10000	-6	-58	1.54	58%	0.36	-60.6	2.76%	0	-1.8	30	0
20	Jun_15_2017	230.23	277.45	275.16	268.98			262.87(-0.64%)	DT	OpenShort	-75	-0.8	-25	-10000	-13	-60	0.94	59%	0.35	-62.8	2.77%	0	-2	27	0

21	Jun_14_2017	229.42	278.3	276.97	273.94			264.57(-2.93%)	DT	OpenShort	-75	-1.4	-18	-10000	-10	-42	0.55	59%	0.36	-53.1	2.77%	0	-2.1	35	0
22	Jun_13_2017	228.59	279.89	278.16	277.98			272.56(0.84%)	DP	OpenShort	-75	-0.8	-10	-10000	-4	-28	0.53	62%	0.43	-25.6	2.74%	0	-1	45	0
23	Jun_12_2017	227.62	281.01	278.91	279.39			270.29(-1.58%)	DT	OpenShort	-75	-1.2	-8	-10000	-4	-20	0.83	62%	0.42	-6.3	2.74%	0	-1.4	49	0
24	Jun_9_2017	226.66	281.87	280.56	281.02			274.63(-4.53%)	DT	OpenShort	-75	-0.9	-3	-10000	-3	-3	0.64	62%	0.45	7	2.73%	0	-1	55	0
25	Jun_8_2017	225.64	282.21	282.25	282.08			287.65(1.01%)	UT	OpenLong	75	0.8	8	-10000	4	21	0.45	66%		40.2	2.66%	0	0.8	67	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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