Trading Signals: MELI Stock Price Prediction and Forecast

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Fri. Nov. 21, 2014

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

(MercadoLibre Inc)
MELI latest price $137.1373 (2.01%) ($133.9440 - $137.7404) on Fri. Nov. 21, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.78% (three month average)
RSI   54
Latest Price   $137.1373(2.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.6% a day on average for past five trading days.
Weekly Trend   MELI declines -0.1% 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%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -1.39% in a week (0% probabilities).
VIXM(-18%)    UUP(-7%)    TLT(-7%)    SHY(-3%)    IGOV(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.39% (StdDev 2.78%)
Hourly BBV 0 ()
Intraday Trend 0.8%

5 Day Moving Average   $134.3(2.11%)
10 Day Moving Average   $133.81(2.49%)
20 Day Moving Average   $130.14(5.38%)
To recent high   -0.5%
To recent low   33%
Market Cap   $6.817b

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 7.37% (three month std-dev: 2.78%) 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

> 20141221

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	Nov_21_2014	109.41	130.14	133.81	134.3			137.14(2.01%)	N/A	N/A	0	0.3	3	-10000	4	-0	0.51	82%	0.39	70.1	2.78%	0	0.7	54	0
2	Nov_20_2014	108.98	128.88	133.38	133.5			134.44(0.49%)	N/A	N/A	0	0.1	1	-10000	4	-10	0.3	82%	0.38	65.9	2.77%	0	0.5	50	0
3	Nov_19_2014	108.57	127.55	133.24	132.75			133.79(-0.13%)	UD	OpenLong	75	0.1	3	-10000	-0	10	0.38	82%	0.36	60.5	2.77%	0	0.5	78	0
4	Nov_18_2014	108.18	126.22	133.33	132.78			133.96(1.34%)	UT	HoldLong	65	0.1	12	-10000	1	44	0.35	82%	0.37	59.5	2.78%	0	0.7	80	0
5	Nov_17_2014	107.78	125.01	133.66	132.67			132.19(-0.68%)	UD	OpenLong	65	-0	18	-10000	-3	79	0.47	82%	0.37	58.5	2.78%	0	0.6	75	0

6	Nov_14_2014	107.38	123.74	133.92	133.23			133.09(1.82%)	UT	HoldLong	65	-0	32	-10000	-0	129	0.33	82%	0.41	57.2	2.79%	0	0.7	80	0
7	Nov_13_2014	106.94	122.29	134.08	133.26			130.72(-2.41%)	UD	OpenLong	65	-0.2	41	-10000	-3	171	0.72	82%	0.4	54.9	2.78%	0	0.6	74	0
8	Nov_12_2014	106.51	121.02	132.64	133.74			133.94(0.41%)	UD	OpenLong	65	0	49	-10000	-1	198	0.28	82%	0.41	53.6	2.77%	0	1	81	0
9	Nov_11_2014	106.07	119.58	130.67	133.94			133.4(-1.18%)	UD	OpenLong	65	-0	51	-10000	-5	219	0.95	83%	0.4	52.5	2.77%	0	1.1	81	0
10	Nov_10_2014	105.65	118.22	128.87	134.82			134.99(1.33%)	UT	HoldLong	65	0	62	-10000	0	248	0.47	83%	0.44	55.4	2.79%	0	1.3	76	0

11	Nov_7_2014	105.19	116.81	126.34	134.76			133.22(0.07%)	UD	OpenLong	65	-0.1	55	-10000	-1	224	0.52	87%	0.42	57	3.28%	0	1.3	77	0
12	Nov_6_2014	104.75	115.5	124.16	135.03			133.13(-1.33%)	UD	OpenLong	75	-0.2	78	-10000	18	258	0.92	87%	0.44	60.4	3.28%	0	1.5	79	0
13	Nov_5_2014	104.29	114.28	121.52	131.19			134.93(-2.08%)	UD	OpenLong	75	0.3	75	-10000	22	234	0.99	87%	0.47	54.6	3.27%	0	1.9	77	0
14	Nov_4_2014	103.8	113.04	118.57	126.69			137.8(2.3%)	UT	HoldLong	65	1.1	68	-10000	24	200	1.99	87%	0.5	48.7	3.26%	0	2.5	80	0
15	Nov_3_2014	103.28	111.5	115.55	121.98			134.7(0.07%)	UT	OpenLong	75	1.6	62	-10000	28	165	1.58	87%	0.48	43.8	3.26%	0	2.8	75	0

16	Oct_31_2014	102.79	110.17	112.51	116.74			134.61(18.19%)	UT	OpenLong	75	2.9	48	-10000	26	113	2.91	87%	0.48	35.3	3.27%	0	3.9	73	0
17	Oct_30_2014	102.3	108.81	109.17	112			113.89(1.27%)	UT	OpenLong	75	0.6	28	-10000	12	74	1	83%	0.26	29.5	2.43%	0	1.7	58	0
18	Oct_29_2014	102.03	108.57	108.24	110.45			112.47(-1.55%)	UD	OpenLong	75	0.7	18	-10000	10	42	0.79	83%	0.25	17.4	2.46%	0	1.4	52	0
19	Oct_28_2014	101.78	108.39	107.47	109.09			114.24(5.3%)	UT	OpenLong	75	1.9	8	-10000	8	9	0.72	83%	0.27	0	2.45%	0	2.2	50	0
20	Oct_27_2014	101.51	108.02	106.64	108.06			108.49(-2.17%)	N/A	N/A	0	0.2	0	-10000	4	-12	0.5	81%	0.22	-16.1	2.38%	0	0.2	48	0

21	Oct_24_2014	101.29	107.99	106.54	107.51			110.89(4.43%)	N/A	N/A	0	1.4	3	-10000	12	-23	0.79	81%	0.24	-25.5	2.37%	0	1.2	49	0
22	Oct_23_2014	101.05	107.93	106.2	105.95			106.18(0.51%)	DP	OpenShort	-65	0.1	-12	-10000	2	-53	0.38	79%	0.23	-46.5	2.32%	0	-0.8	42	0
23	Oct_22_2014	100.82	108.08	106.57	105.66			105.64(-3.16%)	DP	OpenShort	-65	-0	-14	-10000	1	-57	0.25	79%	0.23	-50	2.32%	0	-1	42	0
24	Oct_21_2014	100.59	108.39	106.57	105.52			109.09(3.16%)	DP	OpenShort	-65	1.5	-10	-10000	4	-53	0.38	86%	0.26	-53.9	2.28%	0	0.3	49	0
25	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%		-64.5	2.25%	0	-1.1	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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