Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Jun. 11, 2014

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

(MercadoLibre Inc)
MELI latest price $87.0361 (-1.44%) ($86.2675 - $88.6323) on Wed. Jun. 11, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.57% (three month average)
RSI   68
Latest Price   $87.0361(-1.44%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.8% a day on average for past five trading days.
Weekly Trend   MELI advances 3.2% 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%)    IWM(52%)
Factors Impacting MELI price   MELI will decline at least -1.285% in a week (0% probabilities).
VIXM(-19%)    UUP(-8%)    TLT(-8%)    SHY(-4%)    IGOV(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.285% (StdDev 2.57%)
Hourly BBV 0 ()
Intraday Trend -0.2%

5 Day Moving Average   $87.17(-0.15%)
10 Day Moving Average   $85.65(1.62%)
20 Day Moving Average   $84.08(3.52%)
To recent high   -10.5%
To recent low   9.7%
Market Cap   $4.327b

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 2.85% (three month std-dev: 2.57%) 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

> 20140711

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	Jun_11_2014	87.14	84.08	85.65	87.17			87.04(-1.44%)	UD	OpenLong	75	-0.1	24	-10000	6	78	0.45	47%	0	40.4	2.57%	0	1.2	68	0
2	Jun_10_2014	87.14	83.96	85.07	86.46			88.31(1.41%)	UT	OpenLong	75	0.8	25	-10000	9	74	0.45	47%	0.02	36.7	2.58%	0	1.9	72	0
3	Jun_9_2014	87.12	83.78	84.5	85.52			87.08(0.28%)	UT	OpenLong	75	0.7	21	-10000	8	60	0.46	47%	0	23.8	2.6%	0	1.6	59	0
4	Jun_6_2014	87.12	83.57	84.07	84.63			86.83(0.26%)	UT	OpenLong	75	1.1	15	-10000	5	43	0.48	47%	-0.01	3	2.62%	0	1.7	56	0
5	Jun_5_2014	87.13	83.32	83.65	84.03			86.6(3.72%)	UT	OpenLong	75	1.4	8	-10000	1	30	0.62	47%	0	-20.8	2.64%	0	1.8	55	0

6	Jun_4_2014	87.13	83.32	82.97	83.97			83.5(-0.09%)	UD	OpenLong	75	-0.3	9	-10000	5	19	0.43	45%	-0.08	-47.5	2.61%	0	0.2	47	0
7	Jun_3_2014	87.2	83.12	82.58	83.45			83.58(1.14%)	N/A	N/A	0	0.1	-0	-10000	1	-4	0.56	45%	-0.08	-64.4	2.64%	0	0.3	46	0
8	Jun_2_2014	87.27	83.28	82.49	83.31			82.63(-1.42%)	DT	OpenShort	-75	-0.4	-3	-10000	-0	-13	0.66	45%	-0.09	-57.5	2.65%	0	-0.3	43	0
9	May_30_2014	87.35	83.52	82.58	83.36			83.82(-2.9%)	DP	OpenShort	-65	0.2	-1	-10000	2	-11	0.9	45%	-0.08	-47.5	2.67%	0	0.1	52	0
10	May_29_2014	87.42	83.71	82.57	83.18			86.33(6.71%)	N/A	N/A	0	1.3	8	-10000	12	-5	2.11	47%	-0.02	-45.6	2.67%	0	1.1	61	0

11	May_28_2014	87.44	83.93	82.34	81.86			80.9(-2.4%)	DT	HoldShort	-50	-0.3	-4	-10000	3	-26	0.75	41%	-0.15	-39.6	2.52%	0	-1	45	0
12	May_27_2014	87.57	84.22	82.76	81.55			82.89(0.01%)	DP	OpenShort	-75	0.5	-7	-10000	0	-29	0.69	41%	-0.1	-40.2	2.53%	0	-0.5	48	0
13	May_23_2014	87.66	84.38	82.98	81.54			82.88(-0.06%)	DT	OpenShort	-75	0.5	-10	-10000	-2	-35	0.79	41%	-0.11	-37.5	2.55%	0	-0.5	37	0
14	May_22_2014	87.76	84.54	83.02	81.71			82.93(4.02%)	DP	OpenShort	-75	0.4	-12	-10000	-2	-43	1.22	41%	-0.11	-33.9	2.58%	0	-0.6	36	0
15	May_21_2014	87.86	84.79	82.95	81.92			79.72(0.47%)	DP	OpenShort	-75	-0.8	-23	-10000	-10	-60	2.12	37%	-0.19	-25.4	2.53%	0	-1.8	24	0

16	May_20_2014	88.03	85.09	83.31	82.92			79.35(-4.19%)	DT	HoldShort	-65	-1.4	-25	-10000	-11	-68	1.44	37%	-0.22	-13.4	2.55%	0	-2.2	18	0
17	May_19_2014	88.22	85.38	83.78	84.08			82.82(-1.11%)	DT	OpenShort	-75	-0.6	-18	-10000	-5	-57	1.93	40%	-0.14	-3.7	2.52%	0	-1.1	43	0
18	May_16_2014	88.34	85.45	84.19	84.59			83.75(-0.28%)	DT	HoldShort	-50	-0.4	-11	-10000	1	-45	0.66	40%	-0.11	0.8	2.54%	0	-0.8	46	0
19	May_15_2014	88.44	85.52	84.57	84.51			83.98(-0.83%)	DT	HoldShort	-50	-0.2	-7	-10000	4	-41	0.78	40%	-0.12	-3.4	2.57%	0	-0.7	47	0
20	May_14_2014	88.55	85.51	84.95	84.12			84.68(-0.57%)	DP	OpenShort	-65	0.2	-10	-10000	3	-47	0.28	40%	-0.1	-22.1	2.6%	0	-0.4	43	0

21	May_13_2014	88.64	85.44	85.61	83.76			85.16(-0.24%)	DP	OpenShort	-65	0.6	-7	-10000	3	-37	0.34	40%	-0.1	-28.3	2.63%	0	-0.1	51	0
22	May_12_2014	88.73	85.46	85.75	83.45			85.37(2.45%)	DP	OpenShort	-75	0.8	-12	-10000	-3	-39	0.77	40%	-0.09	-27.3	2.66%	0	-0	54	0
23	May_9_2014	88.81	85.43	85.84	83.81			83.33(1.57%)	DP	OpenShort	-75	-0.2	-14	-10000	-8	-31	2.15	40%	-0.16	-29.3	2.66%	0	-0.9	52	0
24	May_8_2014	88.95	85.6	86.14	84.7			82.04(-1.02%)	DT	OpenShort	-75	-1.2	-13	-10000	-11	-17	0.76	40%	-0.2	-29.1	2.68%	0	-1.6	46	0
25	May_7_2014	89.13	86.01	86.77	85.92			82.89(-0.85%)	N/A	N/A	0	-1.3	-9	-10000	-15	10	1	40%		-21.4	2.71%	0	-1.3	52	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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