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     Thu. Feb. 25, 2021

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

(MercadoLibre Inc)

MELI latest price $1612.6500 (-5.91%) ($1595.1900 - $1612.6500) on Thu. Feb. 25, 2021.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.96% (three month average)
RSI   26
Latest Price   $1612.6500(-5.91%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI declines -3.1% a day on average for past five trading days.
Weekly Trend  MELI declines -3.9% a week on average for past two weeks.
Market Behavior  Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs  Broad market will support MELI advance at 0% a week (0% probability)
  IBUY(73%)    IPO(72%)    IWF(71%)    ONLN(70%)    QQQ(70%)  
Factors Impacting MELI price  MELI will decline at least -1.48% in a week (0% probabilities).
  VIXM(-39%)    UUP(-22%)    VXX(-9%)    TBT(-5%)    IGOV(-4%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.48% (StdDev 2.96%)
Hourly BBV   -2.3 ()
Intraday Trend   0%
  
 

  


Inflection Point  Yes
Resistance Level  $1857.69
5 Day Moving Average  $1760.96(-8.42%)
10 Day Moving Average  $1834.91(-12.11%)
20 Day Moving Average  $1857.69(-13.19%)
To recent high  -18.7%
To recent low  8.7%
Market Cap  $80.165b
 
 
 
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 4.49% (three month std-dev: 2.96%) daily (68% of days).

Sample size 29   Average positive next day return: 3.8%(52%)   Average negative next day return: -3.55%(48%)
Sample size 29   Average positive next three day return: 5.39%(52%)   Average negative next three day return: -6.74%(48%)
Sample size 29   Average positive next weekly return: 5.56%(52%)   Average negative next weekly return: -8.36%(48%)

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20210325

iDateema100ema20ema10 ema5 Slow Hourly
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ema5
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ema10
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BBVRSIVIXCD
1Feb_25_20211587.271857.691834.911760.96 1713.72 1661.11612.65(-5.91%)DTOpenShort-75-1.8   -1703   -300   -1980   -872   0.63    38%0.31-34.52.96%-2.3-2.9260.2
2Feb_24_20211582.41865.271866.361816.54 1792.81 1729.631713.92(-3.46%)DTOpenShort-75-1.5   -958   -290   -1113   -491   0.58    41%0.41-36.82.88%-0.8-2.2351.4
3Feb_23_20211575.911871.151884.41851.91 1837.21 1766.341775.35(-0.75%)DTOpenShort-75-1.2   -1703   -290   -1995   -827   0.71    44%0.46-33.32.84%-0.7-1.6361.3
4Feb_22_20211568.771877.11898.361884.83 1875.47 1855.991788.82(-6.54%)DTOpenShort-75-1.7   -1122   -90   -1317   -535   0.74    44%0.47-18.22.85%-1.6-1.5391.1
5Feb_19_20211561.371886.151912.41915.93 1912.71 1908.091914.04(1.24%)UTOpenLong75-0   163   -20   184   100   0.4    54%0.545.92.73%0.50.5701.5
 
6Feb_18_20211553.0418871909.91921.34 1917.63 1894.961890.59(-0.01%)DTOpenShort-75-0.5   -460   -90   -551   -186   0.29    54%0.5419.62.76%-0.30.1571.3
7Feb_17_20211544.631891.11908.571924.4 1930.91 1917.331890.74(-2.54%)DTOpenShort-75-0.5   -357   -40   -435   -121   0.38    54%0.55332.76%-0.9-0681.4
8Feb_16_20211536.211892.021910.481921.45 1932.78 1940.31939.94(-0.23%)UDOpenLong750.3   103   40   102   105   0.38    54%0.8942.62.73%0.20.8611.2
9Feb_12_20211522.611887.671905.931914.07 1916.79 1944.491944.32(0.17%)UTOpenLong750.5   414   110   469   250   0.28    54%0.6250.52.72%0.90.9541.5
10Feb_11_20211513.231882.781889.951908.75 1906.47 1925.271941.11(1.85%)UTOpenLong750.5   642   70   744   337   0.35    58%0.6368.62.72%1.51481.3
 
11Feb_10_20211503.741875.61880.171897.86 1899.73 1889.081905.87(1.59%)UTOpenLong750.1   73   -40   79   53   0.31    52%0.5979.92.81%1.20.5481
12Feb_9_20211494.991870.71862.911890.94 1894.93 1887.671876(-1.42%)DTOpenShort-75-0.2   -355   -20   -415   -175   0.34    47%0.687.43.02%-1.10.1441.1
13Feb_8_20211486.071865.631856.421897.29 1898.67 1910.381903.05(-0.76%)UDOpenLong750.1   94   50   114   32   0.43    47%0.6394.53.3%-0.20.6501.1
14Feb_5_20211476.741856.761853.711896.05 1899.84 1902.181917.71(1.65%)UTOpenLong750.3   240   10   286   102   0.27    52%0.6689.13.31%1.10.8541.1
15Feb_4_20211467.081841.771856.921867.82 1894.63 1886.951886.65(0.82%)UTOpenLong750.2   85   10   105   25   0.2    55%0.6258.43.49%0.50.5531.1
 
16Feb_3_20211457.9918271861.11859.59 1865.08 1897.511871.28(-1.91%)UDOpenLong750.1   21   130   27   2   0.25    55%0.643.23.57%-1.10.4560.7
17Feb_2_20211449.321816.6218711829.54 1854.98 1902.321907.76(0.57%)UTOpenLong750.7   1172   220   1382   543   0.35    55%0.6233.23.55%10.858-0.1
18Feb_1_20211440.331803.661870.581809.55 1808.29 1832.661896.87(6.77%)UTOpenLong750.7   469   90   554   214   0.55    55%0.6225.73.56%1.40.860-1.3
19Jan_29_20211431.411792.51866.271807.17 1784.31 1807.641776.56(-3.73%)UDOpenLong75-0.3   64   50   75   32   0.69    48%0.5325.33.6%0-0.157-2.7
20Jan_28_20211423.831789.741874.851845.76 1813.45 1783.931845.47(7.23%)UTOpenLong75-0   60   -170   58   67   0.59    50%0.5733.33.56%1.20.569-2.2
 
21Jan_27_20211415.711781.4318711864.73 1844.16 1760.971721.02(-4.8%)DTOpenShort-75-1.2   -1430   -350   -1705   -605   0.92    46%0.5137.33.46%-1.4-0.566-3
22Jan_26_20211408.51779.621881.781917.2 1902.3 1842.961807.81(-4.09%)DTOpenShort-75-0.9   -1375   -240   -1654   -537   0.71    49%0.347.63.4%-1.80.2640.3
23Jan_25_20211404.341773.961879.451937.94 1948.44 1927.351885(-4.29%)DTOpenShort-75-0.4   -418   -60   -537   -61   0.54    51%0.652.83.37%-1.60.9700.8
24Jan_22_20211396.021763.061863.851931.86 1951.88 1961.631969.48(1.5%)UTOpenLong750.3   156   70   135   217   0.47    54%0.6651.83.31%0.61.6721.5
25Jan_21_20211386.851750.121827.951907.8 1924.65 1969.531940.33(-2.17%)UDOpenLong750.3   597   190   660   406   0.61    54%52.93.31%01.6661.8
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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