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     Wed. Dec. 11, 2019

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

(MercadoLibre Inc)

MELI latest price $579.9100 (-1.09%) ($579.9100 - $579.9100) on Wed. Dec. 11, 2019.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.97% (three month average)
RSI   73
Latest Price   $579.9100(-1.09%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 0.2% a day on average for past five trading days.
Weekly Trend  MELI advances 1.1% a week on average for past two weeks.
Market Behavior  Broad based rally for large cap. Normal for small cap.
Correlated ETFs  Broad market will support MELI advance at 0% a week (0% probability)
  IBUY(72%)    IPO(71%)    ONLN(70%)    QQQ(69%)    IWF(68%)  
Factors Impacting MELI price  MELI will decline at least -0.985% in a week (0% probabilities).
  VIXM(-39%)    VXX(-16%)    UUP(-12%)    TLT(-3%)    TBT(2%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.985% (StdDev 1.97%)
Hourly BBV   -0.9 ()
Intraday Trend   0%
  
 

  


5 Day Moving Average  $582.39(-0.43%)
10 Day Moving Average  $581.22(-0.23%)
20 Day Moving Average  $567.39(2.21%)
To recent high  -1.6%
To recent low  20.1%
Market Cap  $28.827b
 
 
 
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 3.83% (three month std-dev: 1.97%) daily (68% of days).

Sample size 8   Average positive next day return: 0.11%(13%)   Average negative next day return: -1.83%(88%)
Sample size 8   Average positive next three day return: 2.66%(25%)   Average negative next three day return: -2.21%(75%)
Sample size 8   Average positive next weekly return: 1.43%(50%)   Average negative next weekly return: -5.46%(50%)

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20200111

iDateema100ema20ema10 ema5 Slow Hourly
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1Dec_11_2019570.14567.39581.22582.39 583.88 581.51579.91(-1.09%)DTOpenShort-75-0.1   -97   -20   -124   -16   0.46    42%-0.1101.81.97%-0.90.6730.3
2Dec_10_2019570.7563.64581.57581.44 583.8 586.5586.3(0.33%)UTHoldLong650.2   31   40   20   62   0.31    39%-0.0988.21.98%-0.30.982-0.1
3Dec_9_2019571.2559.42581.4579.19 583.23 586.22584.4(0.24%)UTHoldLong650.2   153   60   158   136   0.36    35%-0.08802.03%0.30.983-0.2
4Dec_6_2019571.63555.1579.56578.25 581.13 581.13583(0.81%)UTOpenLong750.2   20   10   1   77   0.32    35%-0.1274.42.11%00.9661.1
5Dec_5_2019572.29550.71577.64577.81 581.13 581.13578.33(0.55%)UDOpenLong650   19   NAN   -4   88   0.27    35%-0.0966.22.11%00.8700.6
 
6Dec_4_2019572.83546.11574.84580.05 581.13 581.13575.16(0.02%)UDOpenLong65-0.1   26   NAN   -3   112   0.25    35%-0.155.42.14%00.8750.4
7Dec_3_2019573.43541.71571.36581.71 581.13 581.13575.04(-0.81%)UDOpenLong65-0.2   32   NAN   -3   138   0.43    35%-0.1247.62.15%00.978-0.5
8Dec_2_2019574.14537.34567.38583.82 581.13 581.13579.74(-0.18%)UDOpenLong75-0.1   46   NAN   5   168   0.53    35%-0.1141.92.16%01.1810.6
9Nov_29_2019574.79532.83564.4580.8 581.13 581.13580.78(-1.48%)UDOpenLong75-0   53   NAN   6   192   0.29    35%-0.1932.92.16%01.3821.5
10Nov_27_2019575.91529.65560.05577.15 581.13 581.13589.51(1.03%)UTHoldLong650.4   64   NAN   14   213   0.23    35%-0.0928.42.15%01.7861.9
 
11Nov_26_2019576.42527.21552.54568.76 581.13 581.13583.49(-0.36%)UDOpenLong750.5   65   NAN   16   211   0.55    35%-0.0824.72.15%01.7872
12Nov_25_2019576.89524.75544.26559.4 581.13 581.13585.59(3.71%)UTHoldLong650.9   63   NAN   18   197   0.47    35%-0.0918.82.15%02862.1
13Nov_22_2019577.41522.04535.42548.67 581.13 581.13564.64(0.38%)UTHoldLong650.6   47   NAN   5   171   0.43    27%-0.029.12.14%01.6831.6
14Nov_21_2019577.54520.86528.42545.73 581.13 581.13562.51(2.73%)UTHoldLong650.6   49   NAN   9   170   0.64    27%-0.128.42.15%01.6791.3
15Nov_20_2019578.25519.86521.31540.59 581.13 581.13547.55(2.02%)UTOpenLong750.3   45   NAN   12   145   0.58    23%-0.143.52.15%01.1571.3
 
16Nov_19_2019579.05519.3514.88533.81 581.13 581.13536.69(0.89%)UTOpenLong750.1   33   NAN   13   92   0.52    21%-0.14-5.42.14%00.7431.5
17Nov_18_2019579.88519.12509.67526.36 581.13 581.13531.94(-3.27%)UDOpenLong750.2   19   NAN   12   40   0.62    21%-0.14-18.72.17%00.5451.8
18Nov_15_2019580.69519.56505.02519.55 581.13 581.13549.95(2.45%)N/AN/A01.2   14   NAN   20   -4   0.87    23%-0.1-27.92.15%01.2502
19Nov_14_2019581.3518.62498.62508.44 581.13 581.13536.82(4.51%)DPOpenShort-651.1   -5   NAN   17   -69   0.88    18%-0.13-43.22.13%00.7431.5
20Nov_13_2019582.04518.99496.43499.53 581.13 581.13513.63(2.83%)DPOpenShort-650.5   -20   NAN   12   -117   0.73    8%-0.17-50.92.07%0-0.2331.3
 
21Nov_12_2019583.06520.64499.36493.37 581.13 581.13499.48(0.32%)DPOpenShort-650.2   -30   NAN   6   -136   0.73    0%-0.21-51.72.06%0-0.8311.5
22Nov_11_2019584.3523.87503.26490.39 581.13 581.13497.88(0.7%)DPOpenShort-650.3   -29   NAN   4   -127   0.26    0%-0.23-48.52.35%0-0.9341.4
23Nov_8_2019585.64526.75507.24488.03 581.13 581.13494.4(0.44%)DPOpenShort-650.2   -34   NAN   1   -137   0.42    22%-0.24-50.72.35%0-1.2301.2
24Nov_7_2019587.07529.77512.46487.18 581.13 581.13492.24(1.94%)DPOpenShort-750.2   -36   NAN   -9   -118   0.45    25%-0.26-552.81%0-1.4341.1
25Nov_6_2019588.58532.45518.2493.14 581.13 581.13482.85(-0.35%)DTOpenShort-75-0.4   -42   NAN   -19   -110   0.64    30%-55.32.81%0-2261
iDateema100ema20ema10 ema5 Slow Hourly
Trend
Fast Hourly
Trend
ClosePatternTradePSMA5
BBV
 WTF lsma10
Trend
ema5
Trend
ema10
Trend
Volume
millions
Quarterly
Strength
100
Daily
Trend
Daily
Trend
Force
Daily
StdDev
Hourly
BBV
BBVRSIVIXCD
Click to see actual return for next trading day.
 
 
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