Trading Signals: MELI Stock Price Prediction and Forecast

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Wed. Apr. 23, 2014

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

(MercadoLibre Inc)
MELI latest price $85.2920 (1.18%) ($83.5381 - $85.9916) on Wed. Apr. 23, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.61% (three month average)
RSI   37
Latest Price   $85.2920(1.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.6% a day on average for past five trading days.
Weekly Trend   MELI declines -2.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(62%)    SPY(55%)    XLY(55%)    XLK(54%)    VT(52%)
Factors Impacting MELI price   MELI will decline at least -1.305% in a week (0% probabilities).
UUP(-8%)    TLT(-8%)    SHY(-4%)    DIA(-1%)    IGOV(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.305% (StdDev 2.61%)
Hourly BBV 0 ()
Intraday Trend 1.9%

1 - 5 Day Possible Target   $76.45(-10.37%)
Resistance Level   $87.93
5 Day Moving Average   $84.33(1.14%)
10 Day Moving Average   $85.09(0.24%)
20 Day Moving Average   $87.93(-3%)
To recent high   -12.3%
To recent low   2.9%
Market Cap   $4.24b

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 5.12% (three month std-dev: 2.61%) 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

> 20140523

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_23_2014	89.95	87.93	85.09	84.33			85.29(1.18%)	DP	OpenShort	-65	0.2	-9	-10000	4	-47	0.52	33%	-0.19	-48.2	2.61%	0	-0.6	37	0
2	Apr_22_2014	90.12	88.24	84.99	83.84			84.3(0.64%)	DP	OpenShort	-75	0.1	-22	-10000	-2	-80	0.8	33%	-0.25	-57.1	2.64%	0	-0.9	34	0
3	Apr_21_2014	90.35	88.62	84.89	84.11			83.76(-1.33%)	DT	OpenShort	-75	-0.1	-26	-10000	-1	-100	0.41	33%	-0.29	-61.6	2.68%	0	-1.1	35	0
4	Apr_17_2014	90.61	89.14	85.29	84.28			84.89(1.78%)	DP	OpenShort	-75	0.1	-31	-10000	-3	-113	1.77	33%	-0.26	-63	2.73%	0	-1	35	0
5	Apr_16_2014	90.85	89.58	85.9	84.61			83.4(0.65%)	DP	OpenShort	-75	-0.3	-38	-10000	-12	-117	0.56	33%	-0.35	0	2.75%	0	-1.4	36	0

6	Apr_15_2014	91.17	90.16	86.92	86.01			82.86(-3.23%)	DT	OpenShort	-75	-0.7	-26	-10000	-2	-96	0.87	33%	-0.42	0	2.8%	0	-1.7	33	0
7	Apr_14_2014	91.55	90.88	88.07	86.28			85.63(1.15%)	DT	HoldShort	-50	-0.2	-18	-10000	4	-84	0.35	37%	-0.32	0	2.81%	0	-1.2	43	0
8	Apr_11_2014	91.84	91.45	88.85	85.75			84.65(-2.13%)	DT	OpenShort	-75	-0.3	-26	-10000	-5	-90	0.4	37%	-0.38	0	2.85%	0	-1.7	41	0
9	Apr_10_2014	92.19	92.01	89.87	86.39			86.49(-4.35%)	DT	OpenShort	-75	0	-27	-10000	-8	-82	0.59	37%	-0.32	0	2.9%	0	-1.4	40	0
10	Apr_9_2014	92.49	92.01	90.57	87.41			90.43(7.4%)	DP	OpenShort	-75	0.8	-5	-10000	-6	-2	0.83	42%	-0.13	0	2.83%	0	24.2	45	0

11	Apr_8_2014	92.61	92.01	90.94	88.14			84.2(1.47%)	DP	OpenShort	-75	-1	-18	-10000	-21	-8	0.63	22%	-0.53	0	2.2%	0	22.1	30	0
12	Apr_7_2014	93.1	92.01	91.75	90.21			82.98(-5.54%)	DT	HoldShort	-65	-2.2	-18	-10000	-21	-8	1.83	22%	-0.68	0	2.19%	0	25.1	24	0
13	Apr_4_2014	93.74	92.01	92.75	92.36			87.84(-4.1%)	DT	OpenShort	-75	-2.1	-14	-10000	-16	-6	0.89	30%	-0.41	0	1.89%	0	40.1	30	0
14	Apr_3_2014	94.13	92.01	93.41	93.77			91.6(-2.64%)	DT	OpenShort	-75	-1.3	-4	-10000	-4	-2	0.58	40%	-0.19	0	1.69%	0	56.2	41	0
15	Apr_2_2014	94.31	92.01	93.63	94.11			94.08(-0.51%)	N/A	N/A	0	-0	-1	-10000	-1	-0	0.5	51%	-0.02	0	1.61%	0	61.5	50	0

16	Apr_1_2014	94.33	92.01	93.69	94.2			94.56(0.9%)	UT	OpenLong	75	0.2	7	-10000	8	3	0.81	51%	0.02	0	1.67%	0	59.5	50	0
17	Mar_31_2014	94.31	92.01	93.91	93.59			93.72(-1.22%)	UD	OpenLong	75	0.1	4	-10000	5	2	0.47	51%	-0.05	0	1.72%	0	56.8	50	0
18	Mar_28_2014	94.36	92.01	94.2	93.22			94.87(1.66%)	UT	OpenLong	75	1	2	-10000	2	1	0.53	51%	0.05	0	1.77%	0	55.2	50	0
19	Mar_27_2014	94.31	92.01	94.23	93.04			93.32(-1.3%)	N/A	N/A	0	0.2	-1	-10000	-1	-0	0.7	51%	-0.12	0	1.77%	0	52.1	50	0
20	Mar_26_2014	94.42	92.01	94.23	93.09			94.55(3.34%)	N/A	N/A	0	0.8	-1	-10000	-1	-0	0.96	51%	0.01	0	1.83%	0	50.8	50	0

21	Mar_25_2014	94.41	92.01	94.23	93.15			91.49(-0.4%)	DT	OpenShort	-75	-0.8	-15	-10000	-18	-7	0.87	25%	-0.43	0	1.38%	0	46.4	50	0
22	Mar_24_2014	94.82	92.01	94.23	94.29			91.85(-2.27%)	DT	OpenShort	-75	-1.4	-12	-10000	-14	-6	0.85	25%	-0.52	0	1.49%	0	52.5	50	0
23	Mar_21_2014	95.32	92.01	94.23	95.3			93.99(0.43%)	DP	OpenShort	-75	-1	-4	-10000	-4	-2	0.51	39%	-0.27	0	1.41%	0	69.1	50	0
24	Mar_20_2014	95.58	92.01	94.23	95.58			93.58(-1.31%)	UD	OpenLong	75	-1.5	270	-10000	318	127	0.42	39%	-0.52	0	1.53%	0	69.8	50	0
25	Mar_19_2014	96.08	92.01	94.23	76.87			94.82(-2.45%)	UD	OpenLong	75	18.1	333	-10000	392	157	0.24	39%		0	1.67%	0	95.8	50	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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