Trading Signals: MELI Stock Price Prediction and Forecast

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

Fri. Oct. 3, 2014

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

(MercadoLibre Inc)
MELI latest price $110.2556 (0.4%) ($110.1765 - $113.2710) on Fri. Oct. 3, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.35% (three month average)
RSI   48
Latest Price   $110.2556(0.4%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   MELI declines -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%)    XLK(55%)    XLY(55%)    IWM(52%)
Factors Impacting MELI price   MELI will decline at least -1.175% in a week (0% probabilities).
VIXM(-19%)    UUP(-8%)    TLT(-7%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.175% (StdDev 2.35%)
Hourly BBV 0 ()
Intraday Trend -0.8%

1 - 5 Day Possible Target   $105.98(-3.88%)
Resistance Level   $111.11
5 Day Moving Average   $108.98(1.17%)
10 Day Moving Average   $109.5(0.69%)
20 Day Moving Average   $111.11(-0.77%)
To recent high   -5%
To recent low   28.4%
Market Cap   $5.481b

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 2.3% (three month std-dev: 2.35%) 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

> 20141103

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	Oct_3_2014	97.69	111.11	109.5	108.98			110.26(0.4%)	DP	OpenShort	-75	0.5	-7	-10000	0	-26	0.5	64%	0.28	-57.8	2.35%	0	-0.3	48	0
2	Oct_2_2014	97.42	111.38	109.55	108.94			109.82(0.33%)	DP	OpenShort	-65	0.3	-7	-10000	1	-31	0.93	64%	0.27	-51.7	2.35%	0	-0.6	40	0
3	Oct_1_2014	97.16	111.67	109.58	108.82			109.46(1.91%)	DP	OpenShort	-75	0.2	-13	-10000	-4	-40	0.7	64%	0.26	-47	2.35%	0	-0.8	41	0
4	Sep_30_2014	96.91	111.98	109.82	109.32			107.42(-0.5%)	DT	OpenShort	-75	-0.7	-13	-10000	-3	-42	0.45	64%	0.23	-39.4	2.34%	0	-1.7	30	0
5	Sep_29_2014	96.69	112.32	110.28	109.73			107.96(-1.9%)	DT	OpenShort	-75	-0.7	-13	-10000	-2	-45	0.48	64%	0.26	-34.5	2.34%	0	-1.7	29	0

6	Sep_26_2014	96.44	112.61	110.6	110.03			110.06(0.78%)	DP	OpenShort	-75	0	-14	-10000	-1	-51	0.36	67%	0.3	-31.9	2.36%	0	-1.1	34	0
7	Sep_25_2014	96.15	112.78	110.91	110.22			109.2(-2.44%)	DT	OpenShort	-75	-0.4	-15	-10000	-2	-55	0.62	67%	0.28	-30.1	2.36%	0	-1.5	30	0
8	Sep_24_2014	95.88	113	111.27	110.42			111.94(2.23%)	DP	OpenShort	-75	0.7	-15	-10000	-0	-59	0.37	71%	0.3	-27.7	2.36%	0	-0.5	36	0
9	Sep_23_2014	95.59	113.07	111.58	110.45			109.5(0.04%)	DP	OpenShort	-75	-0.4	-19	-10000	-4	-62	0.54	71%	0.23	-26.3	2.35%	0	-1.7	25	0
10	Sep_22_2014	95.37	113.22	112.22	110.95			109.46(-1.4%)	DT	OpenShort	-75	-0.7	-15	-10000	-2	-52	0.49	71%	0.23	-16.9	2.36%	0	-1.9	37	0

11	Sep_19_2014	95.15	113.38	112.86	111.24			111.02(0.73%)	DP	OpenShort	-75	-0.1	-15	-10000	-4	-46	0.36	71%	0.25	-5.6	2.35%	0	-1.3	43	0
12	Sep_18_2014	94.91	113.49	113.35	111.71			110.21(-1.66%)	DT	OpenShort	-75	-0.9	-12	-10000	-4	-35	0.48	71%	0.2	8.5	2.36%	0	-1.9	41	0
13	Sep_17_2014	94.72	113.6	113.92	112.21			112.07(0.08%)	DP	OpenShort	-75	-0.1	-10	-10000	-5	-24	0.2	71%	0.28	22.4	2.35%	0	-0.9	48	0
14	Sep_16_2014	94.46	113.64	114.3	112.91			111.99(0.96%)	DP	OpenShort	-75	-0.6	-8	-10000	-6	-12	0.34	71%	0.28	48.9	2.35%	0	-1	47	0
15	Sep_15_2014	94.2	113.57	114.52	113.73			110.92(-2.15%)	N/A	N/A	0	-1.6	-5	-10000	-7	2	0.58	71%	0.27	64.9	2.35%	0	-1.5	49	0

16	Sep_12_2014	93.95	113.49	114.84	114.71			113.36(0.56%)	UD	OpenLong	65	-0.7	2	-10000	-4	18	0.43	71%	0.28	81.1	2.33%	0	-0.1	61	0
17	Sep_11_2014	93.69	113.34	114.85	115.23			112.73(-2.44%)	UD	OpenLong	65	-1.2	3	-10000	-5	26	0.77	71%	0.3	125.1	2.34%	0	-0.3	53	0
18	Sep_10_2014	93.41	113.23	114.94	115.85			115.55(-0.48%)	UD	OpenLong	75	-0.1	10	-10000	-0	40	0.8	76%	0.34	168.9	2.32%	0	1	78	0
19	Sep_9_2014	93.09	112.86	114.71	115.9			116.11(0.26%)	UT	OpenLong	75	0.1	13	-10000	3	44	0.61	76%	0.36	189.8	2.32%	0	1.3	74	0
20	Sep_8_2014	92.76	112.44	114.31	115.45			115.82(-0.11%)	UD	OpenLong	75	0.1	14	-10000	4	44	0.19	76%	0.26	208.9	2.32%	0	1.3	81	0

21	Sep_5_2014	92.52	111.9	113.94	114.98			115.94(0.11%)	UT	HoldLong	65	0.3	15	-10000	4	46	0.25	79%	0.35	202.7	2.32%	0	1.4	85	0
22	Sep_4_2014	92.2	110.75	113.61	114.43			115.82(0.01%)	UT	OpenLong	75	0.3	14	-10000	4	45	0.7	79%	0.36	111.5	2.35%	0	1	72	0
23	Sep_3_2014	91.87	109.61	113.2	113.89			115.81(1.72%)	UT	OpenLong	75	0.3	14	-10000	4	43	0.9	79%	0.37	87.6	2.36%	0	1	71	0
24	Sep_2_2014	91.53	108.44	112.85	113.37			113.85(0.33%)	UT	OpenLong	75	0.1	14	-10000	3	47	0.6	79%	0.39	76.4	2.35%	0	0.7	74	0
25	Aug_29_2014	91.17	107.4	112.48	113.01			113.48(0.24%)	UT	OpenLong	75	0.1	13	-10000	2	47	0.53	77%		66	2.38%	0	0.7	73	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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