Trading Signals: MELI Stock Price Prediction and Forecast

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Sat. Aug. 9, 2014

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

(MercadoLibre Inc)
MELI latest price $104.4928 (14.51%) ($98.9803 - $107.5432) on Sat. Aug. 9, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.62% (three month average)
RSI   78
Latest Price   $104.4928(14.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 3.1% a day on average for past five trading days.
Weekly Trend   MELI advances 2.9% 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)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting MELI price   MELI will decline at least -1.31% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.31% (StdDev 2.62%)
Hourly BBV 0 ()
Intraday Trend 4%

5 Day Moving Average   $94.14(11%)
10 Day Moving Average   $92.7(12.72%)
20 Day Moving Average   $90.84(15.03%)
To recent high   0%
To recent low   31.7%
Market Cap   $N/A

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 3.82% (three month std-dev: 2.62%) 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

> 20140909

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	Aug_8_2014	88.08	90.84	92.7	94.14			104.49(14.51%)	UT	HoldLong	65	3	37	-10000	24	76	3.03	71%	0.13	32.5	2.62%	0	3.9	78	0
2	Aug_7_2014	87.97	90	91.07	91.33			91.25(-0.51%)	UD	OpenLong	75	-0.1	11	-10000	-0	42	0.76	61%	-0.05	5.8	1.93%	0	0.8	62	0
3	Aug_6_2014	88.01	89.91	91.01	91.34			91.72(0.62%)	UT	HoldLong	50	0.2	12	-10000	-3	57	0.29	55%	-0.06	-8.2	1.94%	0	1.2	70	0
4	Aug_5_2014	88.06	89.82	90.73	91.57			91.16(-1%)	UD	OpenLong	75	-0.3	17	-10000	3	60	0.28	55%	-0.07	-17.6	2.01%	0	0.9	54	0
5	Aug_4_2014	88.12	89.72	90.46	91.3			92.07(1.82%)	UT	OpenLong	75	0.5	17	-10000	4	54	0.27	55%	-0.05	-35.4	2%	0	1.5	57	0

6	Aug_1_2014	88.16	89.73	90.07	90.97			90.43(-0.97%)	UD	OpenLong	75	-0.3	12	-10000	2	42	0.55	50%	0.03	-42	1.99%	0	0.4	51	0
7	Jul_31_2014	88.13	89.92	89.86	90.75			91.31(-1.69%)	UD	OpenLong	75	0.3	11	-10000	2	36	0.42	50%	0.03	-25.9	2%	0	0.7	56	0
8	Jul_30_2014	88.1	90.03	89.33	90.61			92.88(3.45%)	UT	OpenLong	75	1.1	13	-10000	9	25	0.52	56%	0.06	-13.2	2.06%	0	1.3	59	0
9	Jul_29_2014	88.05	90.09	88.97	89.79			89.78(-0.73%)	UD	OpenLong	75	-0	4	-10000	3	6	0.34	53%	0.02	-13.9	2.15%	0	-0.1	48	0
10	Jul_28_2014	88.03	90.29	88.91	89.49			90.45(1.24%)	UT	OpenLong	75	0.4	4	-10000	5	2	0.29	53%	0.03	-11.2	2.15%	0	0.1	54	0

11	Jul_25_2014	88	90.39	88.85	89.04			89.34(-1.37%)	DP	OpenShort	-65	0.1	-1	-10000	3	-14	0.69	53%	0.01	-10.9	2.15%	0	-0.4	39	0
12	Jul_24_2014	87.99	90.41	88.83	88.8			90.58(2.03%)	N/A	N/A	0	0.7	-0	-10000	10	-31	0.7	56%	0.03	-13.1	2.16%	0	0.1	37	0
13	Jul_23_2014	87.96	90.31	88.69	87.86			88.78(0.51%)	DP	OpenShort	-75	0.4	-18	-10000	-2	-65	0.27	56%	0.01	-21.9	2.18%	0	-0.6	33	0
14	Jul_22_2014	87.95	90.4	88.82	88.04			88.32(0.16%)	DP	OpenShort	-75	0.1	-21	-10000	-2	-76	0.34	56%	0	-14.9	2.19%	0	-0.8	31	0
15	Jul_21_2014	87.95	90.56	88.9	88.26			88.18(0.04%)	DP	OpenShort	-75	-0	-25	-10000	-4	-88	0.23	56%	0	-3	2.19%	0	-1	33	0

16	Jul_18_2014	87.95	90.66	89.35	88.65			88.15(2.66%)	DP	OpenShort	-75	-0.2	-22	-10000	-2	-81	0.29	56%	0.01	8.3	2.2%	0	-1.1	39	0
17	Jul_17_2014	87.94	90.74	89.97	88.87			85.86(-4.28%)	DT	OpenShort	-75	-1.3	-22	-10000	-7	-68	0.88	53%	-0.03	17.4	2.19%	0	-2.1	44	0
18	Jul_16_2014	87.97	90.87	90.83	89.58			89.7(0.33%)	DP	OpenShort	-75	0.1	-11	-10000	-1	-40	0.43	58%	0.02	29.5	2.13%	0	-0.5	57	0
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		82.4	2.38%	0	1	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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