Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Jul. 24, 2017

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

(MercadoLibre Inc)
MELI latest price $282.0889 (0.76%) ($280.1110 - $282.9680) on Mon. Jul. 24, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.86% (three month average)
RSI   86
Latest Price   $282.0889(0.76%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.5% a day on average for past five trading days.
Weekly Trend   MELI advances 5.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally 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 -1.43% 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   -1.43% (StdDev 2.86%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $280.81(0.46%)
10 Day Moving Average   $276.4(2.06%)
20 Day Moving Average   $266.29(5.93%)
To recent high   -4.9%
To recent low   25.1%
Market Cap   $14.023b

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 4.47% (three month std-dev: 2.86%) 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

> 20170824

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_24_2017	249.08	266.29	276.4	280.81			282.09(0.76%)	UT	HoldLong	65	0.1	30	-10000	3	110	0.44	57%	0.29	19.9	2.86%	0	1.3	86	0
2	Jul_21_2017	248.37	265.78	274.23	279.56			279.97(-0.65%)	UD	OpenLong	75	0	31	-10000	3	114	0.4	57%	0.29	22.2	2.86%	0	1.2	85	0
3	Jul_20_2017	247.64	265.41	271.88	278.23			281.79(0.54%)	UT	HoldLong	65	0.3	33	-10000	5	115	0.5	59%	0.3	24.5	2.85%	0	1.5	84	0
4	Jul_19_2017	246.91	264.99	268.86	276.12			280.27(0.11%)	UT	OpenLong	75	0.4	27	-10000	3	99	0.52	59%	0.29	25	2.86%	0	1.4	65	0
5	Jul_18_2017	246.2	264.4	265.75	274.88			279.95(1.49%)	UT	OpenLong	75	0.5	30	-10000	9	94	0.46	59%	0.3	22.3	2.86%	0	1.5	70	0

6	Jul_17_2017	245.46	263.95	262.76	271.32			275.84(0.93%)	UT	OpenLong	75	0.4	23	-10000	9	66	0.79	60%	0.29	15	2.86%	0	1.2	54	0
7	Jul_14_2017	244.76	263.25	260.19	268.06			273.3(0.75%)	UT	OpenLong	75	0.5	16	-10000	9	35	0.48	60%	0.31	0.8	2.87%	0	1	46	0
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-49.7	2.8%	0	-0.4	45	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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