Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Oct. 20, 2014

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

(MercadoLibre Inc)
MELI latest price $105.7473 (2.58%) ($102.2000 - $106.4394) on Mon. Oct. 20, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.25% (three month average)
RSI   47
Latest Price   $105.7473(2.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.4% a day on average for past five trading days.
Weekly Trend   MELI declines -2.2% 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%)    XLK(55%)    XLY(55%)    IWM(52%)
Factors Impacting MELI price   MELI will decline at least -1.125% in a week (0% probabilities).
VIXM(-19%)    UUP(-8%)    TLT(-7%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.125% (StdDev 2.25%)
Hourly BBV 0 ()
Intraday Trend 2.9%

1 - 5 Day Possible Target   $102.29(-3.27%)
Resistance Level   $108.4
5 Day Moving Average   $105.07(0.64%)
10 Day Moving Average   $107.21(-1.36%)
20 Day Moving Average   $108.4(-2.45%)
To recent high   -8.9%
To recent low   19.9%
Market Cap   $5.257b

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 2.17% (three month std-dev: 2.25%) 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

> 20141120

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_20_2014	100.33	108.4	107.21	105.07			105.75(2.58%)	DP	OpenShort	-75	0.3	-17	-10000	-3	-60	0.4	84%	0.22	-64.5	2.25%	0	-1.1	47	0
2	Oct_17_2014	100.11	108.6	107.7	105.48			103.09(-1.58%)	DT	OpenShort	-75	-1	-19	-10000	-8	-51	0.51	74%	0.17	-64	2.25%	0	-2.4	39	0
3	Oct_16_2014	99.94	109.02	108.45	106.49			104.74(-0.21%)	DT	OpenShort	-75	-0.9	-16	-10000	-9	-37	0.82	74%	0.25	-67.8	2.31%	0	-2.2	37	0
4	Oct_15_2014	99.69	109.31	109	107.6			104.96(-1.73%)	DT	OpenShort	-75	-1.5	-15	-10000	-12	-23	1.04	74%	0.22	-64	2.31%	0	-2.4	41	0
5	Oct_14_2014	99.47	109.68	109.49	109.1			106.81(-0.94%)	DT	OpenShort	-75	-1.5	-4	-10000	-4	-5	0.46	74%	0.07	-58.2	2.3%	0	-1.9	37	0

6	Oct_13_2014	99.4	109.94	109.61	109.65			107.81(-0.29%)	DT	OpenShort	-75	-1.3	-5	-10000	-5	-3	0.45	74%	0.26	-67.2	2.3%	0	-1.5	47	0
7	Oct_10_2014	99.14	110.1	109.66	110.26			108.13(-1.98%)	N/A	N/A	0	-1.4	-2	-10000	-3	3	0.91	74%	0.25	-67.4	2.3%	0	-1.3	48	0
8	Oct_9_2014	98.89	110.36	109.87	110.68			110.31(-1.91%)	UD	OpenLong	75	-0.2	3	-10000	1	8	0.61	74%	0.32	-68.1	2.29%	0	-0	48	0
9	Oct_8_2014	98.57	110.47	109.76	110.59			112.46(2.65%)	UT	OpenLong	75	1	5	-10000	5	6	0.63	67%	0.34	-64.1	2.27%	0	1.1	55	0
10	Oct_7_2014	98.24	110.58	109.76	109.99			109.55(-1.16%)	N/A	N/A	0	-0.2	2	-10000	3	-3	0.51	64%	0.29	-63.9	2.32%	0	-0.5	43	0

11	Oct_6_2014	97.96	110.89	109.65	109.56			110.84(0.53%)	N/A	N/A	0	0.5	1	-10000	5	-13	0.34	64%	0.28	-59.9	2.33%	0	-0	46	0
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		48.9	2.35%	0	-1	47	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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