Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Jul. 15, 2014

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

(MercadoLibre Inc)
MELI latest price $89.4087 (-0.8%) ($88.9645 - $90.5884) on Tue. Jul. 15, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.13% (three month average)
RSI   50
Latest Price   $89.4087(-0.8%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.1% a day on average for past five trading days.
Weekly Trend   MELI declines -0.9% 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%)    XLK(55%)    XLY(55%)    IWM(52%)
Factors Impacting MELI price   MELI will decline at least -1.065% in a week (0% probabilities).
VIXM(-19%)    UUP(-8%)    TLT(-7%)    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   -1.065% (StdDev 2.13%)
Hourly BBV 0 ()
Intraday Trend -0.9%

Resistance Level   $90.77
5 Day Moving Average   $89.69(-0.31%)
10 Day Moving Average   $91.31(-2.08%)
20 Day Moving Average   $90.77(-1.5%)
To recent high   -5.7%
To recent low   12.7%
Market Cap   $4.445b

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 2.56% (three month std-dev: 2.13%) 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

> 20140815

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_15_2014	87.95	90.77	91.31	89.69			89.41(-0.8%)	DT	HoldShort	-50	-0.1	-6	-10000	1	-26	0.4	55%	0.02	27.3	2.13%	0	-0.6	50	0
2	Jul_14_2014	87.93	90.63	91.78	89.63			90.13(1.02%)	DP	OpenShort	-75	0.2	-10	-10000	-6	-22	0.21	55%	0.03	22.6	2.17%	0	-0.2	48	0
3	Jul_11_2014	87.9	90.46	92.05	90.19			89.22(-0.26%)	DT	OpenShort	-75	-0.4	-10	-10000	-11	-7	0.27	55%	0.01	26.2	2.17%	0	-0.5	51	0
4	Jul_10_2014	87.89	90.33	92.15	91.31			89.46(-0.85%)	N/A	N/A	0	-0.6	-4	-10000	-9	13	0.45	50%	0.02	35.4	2.19%	0	-0.3	53	0
5	Jul_9_2014	87.87	90.23	92.11	92.27			90.23(1.26%)	UD	OpenLong	65	-0.7	1	-10000	-9	32	0.36	56%	0.03	49.8	2.25%	0	0	59	0

6	Jul_8_2014	87.84	90.14	92.16	93.18			89.1(-4.12%)	UD	OpenLong	65	-1.4	6	-10000	-9	51	0.74	56%	0.02	66.5	2.43%	0	-0.4	58	0
7	Jul_7_2014	87.82	90.06	92.44	94.19			92.93(-1.98%)	UD	OpenLong	75	-0.4	22	-10000	0	88	0.29	55%	0.07	82.4	2.38%	0	1	72	0
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		36.7	2.58%	0	1.9	72	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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