Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Apr. 13, 2022

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

(MercadoLibre Inc)
MELI latest price $1135.2300 (1.82%) ($1135.2300 - $1135.2300) on Wed. Apr. 13, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.88% (three month average)
RSI   41
Latest Price   $1135.2300(1.82%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.5% a day on average for past five trading days.
Weekly Trend   MELI declines -3.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
IBUY(72%)    IVW(71%)    IWF(71%)    QQQ(71%)    IPO(70%)
Factors Impacting MELI price   MELI will decline at least -2.44% in a week (0% probabilities).
VIXM(-34%)    UUP(-21%)    TBT(-6%)    VXX(-2%)    UNG(3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.44% (StdDev 4.88%)
Hourly BBV 0.1 ()
Intraday Trend 0%

Resistance Level   $1187.49
5 Day Moving Average   $1142.58(-0.64%)
10 Day Moving Average   $1174.99(-3.38%)
20 Day Moving Average   $1187.49(-4.4%)
To recent high   -10.2%
To recent low   28.4%
Market Cap   $56.432b

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 3.94% (three month std-dev: 4.88%) 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

> 20220513

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	Apr_13_2022	1129.4	1187.49	1174.99	1142.58	1134.58	1124.95	1135.23(1.82%)	DP	OpenShort	-75	-0.2	-26	-80	-19	-48	0.29	56%	-0.14	92.6	4.88%	0.1	-1.1	41	1.5
2	Apr_12_2022	1130.94	1185.43	1182.45	1148.74	1142.38	1121.89	1114.97(-1.25%)	DT	OpenShort	-75	-0.5	-273	-140	-310	-161	0.46	58%	-0.18	74.6	4.95%	-1.9	-1	42	1
3	Apr_11_2022	1133.02	1178.92	1196.62	1169.11	1155.21	1144.2	1129.11(-2.67%)	DT	OpenShort	-75	-0.4	-285	-100	-329	-154	0.34	60%	-0.25	64.9	4.97%	-1.3	-0.5	43	0.1
4	Apr_8_2022	1135.81	1168.5	1206.69	1196.19	1177.14	1162.87	1160.12(-1.14%)	DT	OpenShort	-75	-0.3	-164	-130	-192	-79	0.36	60%	-0.26	59.9	5.09%	-0	-0.1	53	0.7
5	Apr_7_2022	1138.77	1156.54	1208.23	1208.98	1203.44	1166.23	1173.49(0.64%)	DP	OpenShort	-75	-0.3	-275	-230	-324	-126	0.26	58%	-0.28	52.2	5.12%	0	0.1	51	1.3

6	Apr_6_2022	1142.01	1145.64	1214.53	1211.98	1216.59	1191.41	1166.01(-4.17%)	DT	OpenShort	-75	-0.4	-429	-130	-509	-190	0.46	58%	-0.34	45.2	5.19%	-1	0.2	54	1.1
7	Apr_5_2022	1145.9	1137.25	1219.63	1220.32	1222.2	1240.66	1216.8(-3.77%)	UD	OpenLong	75	-0	8	110	-0	30	0.26	55%	-0.37	38.9	5.17%	-1.3	0.6	66	0.5
8	Apr_4_2022	1150.19	1122.76	1219.42	1228.03	1219.93	1241.78	1264.52(3.3%)	UT	HoldLong	65	0.3	334	110	376	209	0.32	53%	-0.3	32.6	5.28%	1.5	1.1	78	-0.1
9	Apr_1_2022	1153.62	1107.32	1208.45	1219.89	1217.63	1203.74	1224.09(3%)	UT	HoldLong	65	0	63	-90	50	101	0.37	53%	-0.31	25.9	5.3%	0.4	0.9	80	-0.5
10	Mar_31_2022	1157.25	1098.48	1204.08	1208.18	1218.82	1198.08	1188.47(-1.59%)	DT	OpenShort	-75	-0.2	-215	-90	-284	-9	0.41	53%	-0.36	21.9	5.33%	-1.3	0.7	78	-0.9

11	Mar_30_2022	1161.43	1093.27	1200.78	1217.45	1213.1	1231.53	1207.73(-3.79%)	N/A	N/A	0	-0.1	-65	100	-116	89	0.31	53%	-0.44	27.2	5.33%	-0.8	0.9	73	-0.7
12	Mar_29_2022	1166.59	1089	1188.72	1218.05	1220.19	1239.57	1255.32(2.57%)	UT	OpenLong	75	0.3	453	120	488	346	0.43	53%	-0.35	36.9	5.31%	1.6	1.4	70	-0.9
13	Mar_28_2022	1170.67	1081.22	1159.89	1209.77	1209.04	1194.68	1223.83(5%)	UT	HoldLong	50	0.1	6	-80	-39	142	0.41	53%	-0.36	46.9	5.3%	1.4	1.2	73	-1.5
14	Mar_25_2022	1174.86	1075.2	1127.81	1195.79	1206.57	1200.81	1165.53(-5.61%)	N/A	N/A	0	-0.3	-133	-10	-200	70	0.49	53%	-0.34	53.6	5.24%	-1.6	0.8	66	-0.9
15	Mar_24_2022	1178.87	1071.75	1102.17	1198.58	1203.66	1223.41	1234.84(1.99%)	UT	OpenLong	75	0.3	195	130	188	216	0.43	54%	-0.26	59.9	5.23%	1.1	1.5	60	-0.7

16	Mar_23_2022	1181.91	1060.75	1072.1	1181.26	1190.34	1212.34	1210.73(-0.27%)	UD	OpenLong	75	0.3	341	150	367	262	0.53	54%	-0.26	52.3	5.27%	0.7	1.4	56	-0.8
17	Mar_22_2022	1184.97	1046.19	1048.55	1154.32	1174.84	1183.92	1213.95(5.21%)	UT	OpenLong	75	0.6	328	110	361	228	0.5	54%	-0.24	34	5.28%	1.5	1.6	53	-1
18	Mar_21_2022	1187.8	1029.72	1017.77	1101.97	1140.38	1168.35	1153.88(-2.17%)	UD	OpenLong	75	0.5	290	280	333	162	0.48	55%	-0.28	10.3	5.24%	0	1.2	51	-1.2
19	Mar_18_2022	1191.17	1018.85	996.86	1048.06	1089.96	1165.77	1179.52(2.73%)	UT	OpenLong	75	1.3	814	610	964	362	0.58	55%	-0.29	-11.4	5.21%	1.2	1.6	52	0.2
20	Mar_17_2022	1194.64	1010.02	981.72	990.48	1015.34	1112.41	1148.22(6.71%)	UT	OpenLong	75	1.7	1109	740	1323	465	0.69	55%	-0.3	-34.1	5.24%	1.4	1.5	52	-0.9

21	Mar_16_2022	1198.27	1007.79	973.31	947.92	951.07	1014.15	1076.01(13%)	UT	OpenLong	75	1.4	947	470	1139	370	0.85	54%	-0.4	-47.3	5.17%	1.7	0.8	54	-0.6
22	Mar_15_2022	1203.08	1011.27	977.03	929.72	915.89	918.27	952.21(7.67%)	UT	OpenLong	75	0.2	219	-30	281	31	0.53	50%	-0.5	-44.6	4.9%	2.4	-0.6	56	-2.8
23	Mar_14_2022	1209.09	1019.41	993.14	922.14	921.03	887.99	884.34(-0.82%)	DT	OpenShort	-75	-0.4	-287	-250	-319	-192	0.51	47%	-0.52	-42.9	4.8%	-1.4	-1.4	55	-1.8
24	Mar_11_2022	1215.44	1030.19	1017.38	936.55	928.51	913.52	891.63(-4.68%)	DT	OpenShort	-75	-0.5	-468	-140	-540	-253	0.57	47%	-0.58	-39	4.78%	-1.3	-1.5	50	0.6
25	Mar_10_2022	1222.56	1042.11	1040.08	969.66	944.7	954.08	935.4(-5.04%)	DT	OpenShort	-75	-0.4	-96	-10	-111	-50	0.55	47%		-25.4	4.78%	-0.3	-1.2	47	0.9
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

Click to see actual return for next trading day.