Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. Jul. 3, 2014

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

(MercadoLibre Inc)
MELI latest price $94.8086 (0.54%) ($93.8807 - $95.6378) on Thu. Jul. 3, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.51% (three month average)
RSI   77
Latest Price   $94.8086(0.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.1% a day on average for past five trading days.
Weekly Trend   MELI advances 3.9% 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 -1.255% 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   -1.255% (StdDev 2.51%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $94.14(0.71%)
10 Day Moving Average   $92.14(2.9%)
20 Day Moving Average   $89.76(5.62%)
To recent high   0%
To recent low   19.5%
Market Cap   $4.713b

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 3.34% (three month std-dev: 2.51%) 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

> 20140803

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	Jul_3_2014	87.76	89.76	92.14	94.14			94.81(0.54%)	UT	HoldLong	65	0.2	31	-10000	9	97	0.24	50%	0.1	88.3	2.51%	0	1.7	77	0
2	Jul_2_2014	87.67	89.33	91.58	93.11			94.3(-0.47%)	UD	OpenLong	75	0.4	31	-10000	10	92	0.56	50%	0.1	79.2	2.53%	0	1.7	76	0
3	Jul_1_2014	87.58	88.79	90.91	91.92			94.74(0.6%)	UT	OpenLong	75	1	25	-10000	8	76	0.58	50%	0.11	73.9	2.53%	0	2	72	0
4	Jun_30_2014	87.48	88.23	90.15	91.03			94.18(1.62%)	UT	OpenLong	75	1.1	19	-10000	5	61	0.89	50%	0.1	69.9	2.52%	0	2.1	65	0
5	Jun_27_2014	87.39	87.64	89.31	90.48			92.68(3.37%)	UT	OpenLong	75	0.8	17	-10000	5	52	0.6	50%	0.08	70.6	2.52%	0	1.9	66	0

6	Jun_26_2014	87.32	87.19	88.66	89.9			89.66(1.47%)	UT	OpenLong	75	-0.1	11	-10000	1	41	0.5	50%	0.03	75	2.49%	0	1.1	60	0
7	Jun_25_2014	87.29	87.01	88.31	89.83			88.36(-2.16%)	UD	OpenLong	75	-0.6	11	-10000	1	39	0.82	50%	0.02	79.6	2.52%	0	0.5	58	0
8	Jun_24_2014	87.27	86.66	88.19	89.67			90.31(-1.22%)	UD	OpenLong	75	0.2	16	-10000	5	49	1.16	48%	0.05	78.4	2.5%	0	1.4	75	0
9	Jun_23_2014	87.23	86.29	87.96	89.06			91.42(1.88%)	UT	HoldLong	65	0.9	21	-10000	10	54	0.56	48%	0.07	75.4	2.51%	0	2	79	0
10	Jun_20_2014	87.17	85.85	87.49	87.95			89.74(0.44%)	UT	HoldLong	65	0.8	17	-10000	6	48	0.58	48%	0.05	67.8	2.5%	0	1.7	79	0

11	Jun_19_2014	87.13	85.5	87.18	87.26			89.34(2.05%)	UT	OpenLong	75	0.9	16	-10000	6	45	0.52	46%	0.03	60.9	2.51%	0	1.7	70	0
12	Jun_18_2014	87.1	85.02	86.88	86.6			87.55(0.36%)	UT	OpenLong	75	0.4	10	-10000	1	35	0.27	46%	0.01	40.6	2.51%	0	1.1	53	0
13	Jun_17_2014	87.09	84.63	86.5	86.5			87.23(1.54%)	UT	HoldLong	50	0.3	9	-10000	-2	40	0.29	47%	0	26.5	2.51%	0	1	68	0
14	Jun_16_2014	87.09	84.4	86.16	86.71			85.91(-0.4%)	UD	OpenLong	65	-0.3	10	-10000	-2	46	0.55	47%	-0.02	24.9	2.51%	0	0.6	59	0
15	Jun_13_2014	87.11	84.28	85.87	86.95			86.26(0.24%)	UD	OpenLong	65	-0.3	12	-10000	-1	50	0.43	47%	-0.01	28.9	2.53%	0	0.8	60	0

16	Jun_12_2014	87.12	84.16	85.64	87.06			86.05(-1.13%)	UD	OpenLong	65	-0.4	13	-10000	-1	55	0.29	47%	-0.02	34.6	2.55%	0	0.8	59	0
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-47.5	2.67%	0	0.1	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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