Trading Signals: MELI Stock Price Prediction and Forecast

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

Tue. Aug. 8, 2017

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

(MercadoLibre Inc)
MELI latest price $251.6603 (-1.66%) ($250.7912 - $258.9029) on Tue. Aug. 8, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.43% (three month average)
RSI   31
Latest Price   $251.6603(-1.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -2.7% a day on average for past five trading days.
Weekly Trend   MELI declines -2.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off 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 -1.215% in a week (0% probabilities).
VIXM(-13%)    UUP(-11%)    IPO(-6%)    TLT(-5%)    SHY(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.215% (StdDev 2.43%)
Hourly BBV 0 ()
Intraday Trend -1.7%

Resistance Level   $277.93
5 Day Moving Average   $269.23(-6.53%)
10 Day Moving Average   $277.63(-9.35%)
20 Day Moving Average   $277.93(-9.45%)
To recent high   -15.2%
To recent low   1.2%
Market Cap   $12.51b

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% (three month std-dev: 2.43%) 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

> 20170908

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	Aug_8_2017	256.6	277.93	277.63	269.23			251.66(-1.66%)	DT	OpenShort	-75	-1.6	-33	-10000	-22	-66	0.85	25%	0.14	23.8	2.43%	0	-2.4	31	0
2	Aug_7_2017	256.23	278.69	280.68	276.61			255.91(-1.65%)	DT	OpenShort	-75	-2	-22	-10000	-19	-31	1.54	25%	0.18	51.8	2.42%	0	-2.2	34	0
3	Aug_4_2017	255.77	279.11	283.59	283.06			260.2(-10.91%)	N/A	N/A	0	-2.2	-8	-10000	-12	5	4.3	44%	0.2	74.3	3.16%	0	-1.8	42	0
4	Aug_3_2017	255.27	279.1	285.89	288.73			292.08(2.02%)	UT	HoldLong	65	0.3	13	-10000	3	41	0.96	53%	0.31	85.4	2.83%	0	1.1	78	0
5	Aug_2_2017	254.48	277.1	284.82	287.59			286.3(-0.79%)	UD	OpenLong	75	-0.1	11	-10000	0	43	0.86	53%	0.3	72.3	2.82%	0	0.7	77	0

6	Aug_1_2017	253.72	275.31	284.24	287.47			288.58(0.16%)	UT	OpenLong	75	0.1	16	-10000	5	50	0.78	55%	0.31	69.7	2.82%	0	1.1	73	0
7	Jul_31_2017	252.94	273.45	283.37	285.55			288.12(-0.16%)	UD	OpenLong	75	0.2	16	-10000	3	54	0.75	55%	0.31	56.6	2.84%	0	1.1	82	0
8	Jul_28_2017	252.15	271.6	282.15	284.34			288.57(0.78%)	UT	HoldLong	65	0.3	19	-10000	4	62	0.74	55%	0.32	44.7	2.86%	0	1.3	84	0
9	Jul_27_2017	251.34	269.77	280.63	282.62			286.34(0.22%)	UT	HoldLong	65	0.3	19	-10000	2	68	1.42	55%	0.32	33.4	2.86%	0	1.3	85	0
10	Jul_26_2017	250.54	268.49	279.14	281.71			285.73(2.42%)	UT	HoldLong	65	0.3	23	-10000	3	81	0.69	55%	0.3	27.9	2.86%	0	1.4	86	0

11	Jul_25_2017	249.78	266.94	277.94	280.62			278.97(-1.1%)	UD	OpenLong	75	-0.1	24	-10000	-0	97	0.71	57%	0.28	20.9	2.85%	0	1	85	0
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-59.3	2.84%	0	-1.6	40	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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