Home      Tickers | SPY | NQ100 | DOW | Global | ETFs | Sector ETFs | 3x ETFs | ETF Movers | Stock Movers | Trading Alerts
     ^  MELI:  Intraday  Hourly  Forecast  Similar  Waves  GapOpen  Research  Timing  Gains  Losses  Strategies  Practice
     Tue. Jul. 28, 2020

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

(MercadoLibre Inc)

MELI latest price $1041.3600 (-2.44%) ($1039.5600 - $1066.3250) on Tue. Jul. 28, 2020.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  3.39% (three month average)
RSI   54
Latest Price   $1041.3600(-2.44%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 0.4% a day on average for past five trading days.
Weekly Trend  MELI advances 1% a week on average for past two weeks.
Market Behavior  Growth stock 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(73%)    IPO(72%)    ONLN(71%)    IWF(70%)    QQQ(69%)  
Factors Impacting MELI price  MELI will decline at least -1.695% in a week (0% probabilities).
  VIXM(-36%)    UUP(-22%)    VXX(-10%)    IYT(-7%)    TBT(-6%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.695% (StdDev 3.39%)
Hourly BBV   0.5 ()
Intraday Trend   0%
  
 

  


5 Day Moving Average  $1020.06(2.09%)
10 Day Moving Average  $1004.97(3.62%)
20 Day Moving Average  $1001.14(4.02%)
To recent high  -2.4%
To recent low  78.4%
Market Cap  $51.766b
 
 
 
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 2.82% (three month std-dev: 3.39%) daily (68% of days).

Sample size 8   Average positive next day return: 1.1%(50%)   Average negative next day return: -1.81%(50%)
Sample size 8   Average positive next three day return: 2.05%(50%)   Average negative next three day return: -5.02%(50%)
Sample size 8   Average positive next weekly return: 3.63%(50%)   Average negative next weekly return: -5.25%(50%)

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20200828

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
1Jul_28_2020756.371001.141004.971020.06 1019.43 1050.151041.36(-2.44%)UDOpenLong750.8   450   210   524   227   0.3    82%0.68443.39%0.51.4541.5
2Jul_27_2020751.26997.98997.851015.57 1013.25 1018.511067.44(7.78%)UTOpenLong751.9   411   30   481   200   0.56    82%0.6241.13.37%2.32.6591.5
3Jul_24_2020746.64993.05988.771006.99 1009.48 988.7990.37(0.9%)DPOpenShort-75-0.8   -307   -140   -360   -147   0.45    79%0.543.73.27%-0.5-0.1501.2
4Jul_23_2020742.94992.25992.71001.77 1016.89 1007.99981.57(-3.73%)DTOpenShort-75-0.9   -221   -20   -259   -105   0.38    79%0.4546.53.3%0.6-0.5511.3
5Jul_22_2020739.6991.11996.29996.36 1008.69 1030.251019.55(0.06%)UTOpenLong751   195   190   229   92   0.34    87%0.5541.13.27%0.81.2611.8
 
6Jul_21_2020735.59988.92995.24986.77 991.86 1025.791018.9(-0.55%)UDOpenLong751.4   630   250   742   292   0.41    87%0.5236.93.3%-1.41.3581.8
7Jul_20_2020731.75987.03993.75977.3 975.29 987.131024.55(6.25%)UTOpenLong752.1   447   80   529   202   0.46    87%0.5739.53.36%1.91.7602.2
8Jul_17_2020727.58983.5990.5969.19 965.26 957.94964.29(1.03%)DPOpenShort-75-0.2   -194   -70   -224   -105   0.3    84%0.5143.13.29%0.9-0.9491.9
9Jul_16_2020723.87981.95993.2983.23 979.63 963.46954.5(-1.76%)DTOpenShort-75-1.2   -260   -130   -306   -121   0.33    84%0.4667.53.33%-0.7-1.1481.5
10Jul_15_2020720.58981.42996.13996.09 997.5 972.59971.61(0%)DTHoldShort-50-0.9   -376   -170   -448   -160   0.63    86%0.4988.23.33%-0.5-0.4601.4
 
11Jul_14_2020717.09980.52997.91004.49 1008.03 995.79971.56(-1.26%)DTOpenShort-75-1.2   -406   -70   -486   -166   0.66    86%0.43111.13.37%-1.4-0.3500.9
12Jul_13_2020714.05978.41999.31011.77 1017.78 1022.41984(-4.88%)UDOpenLong75-0.9   83   50   87   71   0.54    86%0.36119.33.37%-1.30.2510
13Jul_10_2020711.5974.45998.771014.14 1014.62 1018.331034.5(1.54%)UTOpenLong750.6   128   30   138   99   0.29    100%0.42110.93.29%2.41.8741.2
14Jul_9_2020708.52965.7992.321004.74 1010.86 1011.871018.77(0.51%)UTHoldLong650.4   66   30   65   69   0.46    100%0.490.83.32%0.71.3770.8
15Jul_8_2020705.7959.15985.84996.47 1005.66 1010.991013.6(0.56%)UTOpenLong750.4   91   60   96   76   0.39    100%0.4286.93.34%0.31.3720.9
 
16Jul_7_2020702.78951.9981.97990.8 997.17 1009.871008(1.22%)UTOpenLong750.4   192   110   215   124   0.41    100%0.4579.83.36%0.11.3650.7
17Jul_6_2020699.64944.57979.23985.35 989.38 1000.33995.81(0.84%)UTOpenLong750.2   273   90   308   166   0.62    100%0.3574.83.38%-01.1691.1
18Jul_2_2020697.17938.18975.19981.1 981.4 984.47987.54(1.04%)UTOpenLong750.1   116   20   122   96   0.32    100%0.4267.93.6%0.81720.8
19Jul_1_2020694.24931.01969.28977.97 977.05 978.43977.39(-0.8%)UDOpenLong75-0   41   10   32   69   0.53    83%0.4866.93.61%-0.30.9770.6
20Jun_30_2020690.92924.89965.35973.21 973.62 978.34985.24(0.46%)UTOpenLong750.2   77   40   73   87   0.3    83%0.4967.73.8%0.51.2680.3
 
21Jun_29_2020687.58918.59961.65971.69 968.93 975.66980.77(0.63%)UTOpenLong750.2   74   40   66   98   0.33    83%0.569.53.8%0.31.271-0.2
22Jun_26_2020684.16911.73955.97972.37 971.74 968.9974.58(0.28%)UTOpenLong750   93   -20   85   118   0.5    83%0.4672.43.85%0.71.371-0.9
23Jun_25_2020681.06905.54948.57968.47 972.22 962.19971.88(1.92%)N/AN/A00.1   -84   -60   -125   38   0.31    83%0.45743.85%-0.51.369-0.3
24Jun_24_2020678.04898.27937.45959.11 968.27 974.59953.56(-2.47%)N/AN/A0-0.1   -6   70   -32   71   0.46    85%0.3769.23.86%-1.61.171-0.7
25Jun_23_2020675.56891.66930.97955.59 959.89 982.25977.68(-0.66%)UDOpenLong750.4   326   180   358   231   0.45    85%70.33.89%0.71.771-0
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.
 
 
Earning Calendar   About   Contact Us  
Copyright ©2016 SmartTrading. All rights reserved. Denver, Colorado, USA