Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Jan. 7, 2015

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

(MercadoLibre Inc)
MELI latest price $120.6130 (-0.2%) ($120.0913 - $123.0383) on Wed. Jan. 7, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.89% (three month average)
RSI   37
Latest Price   $120.6130(-0.2%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.9% a day on average for past five trading days.
Weekly Trend   MELI declines -1.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(62%)    SPY(56%)    XLK(55%)    XLY(55%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -1.445% in a week (0% probabilities).
VIXM(-18%)    UUP(-8%)    TLT(-7%)    SHY(-3%)    IGOV(0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.445% (StdDev 2.89%)
Hourly BBV 0 ()
Intraday Trend -1.2%

Resistance Level   $127.51
5 Day Moving Average   $123.1(-2.02%)
10 Day Moving Average   $124.85(-3.39%)
20 Day Moving Average   $127.51(-5.41%)
To recent high   -13.5%
To recent low   17%
Market Cap   $5.996b

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% (three month std-dev: 2.89%) 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

> 20150207

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	Jan_7_2015	121.02	127.51	124.85	123.1			120.61(-0.2%)	DT	OpenShort	-75	-0.7	-13	-10000	-6	-33	0.23	75%	0.07	-94	2.89%	0	-1.8	37	0
2	Jan_6_2015	120.94	128.39	125.43	124.26			120.85(-1.79%)	DT	OpenShort	-75	-0.8	-15	-10000	-8	-34	0.23	75%	0.09	-76.8	2.9%	0	-1.7	25	0
3	Jan_5_2015	120.83	129.18	126.09	125.72			123.05(-1.23%)	DT	OpenShort	-75	-0.6	-12	-10000	-6	-29	0.34	75%	0.12	-68.3	2.89%	0	-1.4	27	0
4	Jan_2_2015	120.68	129.9	126.49	126.76			124.58(-1.43%)	DT	OpenShort	-75	-0.5	-9	-10000	-2	-29	0.21	75%	0.22	-63.7	2.88%	0	-1.2	27	0
5	Dec_31_2014	120.42	130.61	126.79	127.12			126.38(-0.02%)	DT	HoldShort	-50	-0.1	-8	-10000	1	-35	0.18	75%	0.16	-57.5	2.87%	0	-0.8	29	0

6	Dec_30_2014	120.23	131.21	126.73	126.86			126.41(-1.35%)	DT	HoldShort	-65	-0.1	-14	-10000	0	-57	0.22	75%	0.16	-57.1	2.88%	0	-0.9	23	0
7	Dec_29_2014	120.04	131.79	127.3	126.77			128.15(-0.09%)	DP	OpenShort	-65	0.3	-16	-10000	1	-66	0.17	75%	0.2	-56.7	2.87%	0	-0.7	26	0
8	Dec_26_2014	119.8	132.34	127.73	126.55			128.26(1.48%)	DP	OpenShort	-65	0.3	-17	-10000	2	-74	0.23	75%	0.55	-53	2.89%	0	-0.8	32	0
9	Dec_24_2014	119.15	132.89	128.24	126.24			126.39(1.03%)	DP	OpenShort	-75	0	-22	-10000	-1	-84	0.13	71%	0.3	-49.9	2.88%	0	-1.2	26	0
10	Dec_23_2014	118.79	133.53	128.97	126.46			125.11(-0.68%)	DT	HoldShort	-65	-0.3	-22	-10000	-0	-89	0.26	71%	0.28	-45.9	2.89%	0	-1.6	20	0

11	Dec_22_2014	118.46	134.22	130.29	126.55			125.97(-0.85%)	DT	HoldShort	-65	-0.1	-28	-10000	-7	-92	0.33	71%	0.3	-43.4	2.89%	0	-1.6	22	0
12	Dec_19_2014	118.1	134.81	131.51	127.91			127.04(0.29%)	DP	OpenShort	-75	-0.2	-26	-10000	-7	-82	0.27	71%	0.31	-35.5	2.89%	0	-1.7	25	0
13	Dec_18_2014	117.74	135.23	132.48	129.12			126.68(-0.66%)	DT	HoldShort	-65	-0.6	-25	-10000	-8	-77	0.36	71%	0.3	-27.8	2.89%	0	-2	23	0
14	Dec_17_2014	117.39	135.65	133.6	130.58			127.52(1.56%)	DP	OpenShort	-75	-0.8	-22	-10000	-7	-68	0.48	71%	0.32	-20.9	2.9%	0	-2.1	23	0
15	Dec_16_2014	117.01	136.03	134.77	131.87			125.56(-5.42%)	DT	HoldShort	-65	-1.9	-26	-10000	-14	-61	0.63	71%	0.3	-12.6	2.89%	0	-3.1	18	0

16	Dec_15_2014	116.66	136.44	136.16	134.52			132.76(-0.24%)	DT	OpenShort	-75	-0.7	-14	-10000	-6	-38	0.66	80%	0.38	7.6	2.81%	0	-1.5	31	0
17	Dec_12_2014	116.22	136.5	136.73	135.65			133.07(-0.69%)	DT	OpenShort	-75	-1	-10	-10000	-4	-26	0.25	80%	0.37	20.3	2.82%	0	-1.4	39	0
18	Dec_11_2014	115.79	136.43	137.38	136.36			133.99(0.01%)	DP	OpenShort	-75	-0.9	-7	-10000	-4	-14	0.22	76%	0.4	22.3	2.82%	0	-0.9	53	0
19	Dec_10_2014	115.33	136.43	137.95	137.09			133.98(-3.47%)	N/A	N/A	0	-1.2	-4	-10000	-5	-0	0.33	76%	0.4	28.3	2.84%	0	-0.9	55	0
20	Dec_9_2014	114.87	136.45	138.49	138.09			138.79(0.28%)	UT	OpenLong	75	0.3	5	-10000	0	18	0.41	82%	0.45	31.7	2.8%	0	0.9	71	0

21	Dec_8_2014	114.36	136.26	138.45	138.07			138.4(1.3%)	UT	OpenLong	75	0.1	7	-10000	0	27	0.49	82%	0.45	32.5	2.8%	0	0.8	75	0
22	Dec_5_2014	113.85	136	138.34	138.03			136.63(-0.73%)	UD	OpenLong	65	-0.5	6	-10000	-3	32	0.27	82%	0.45	30.3	2.8%	0	0.2	66	0
23	Dec_4_2014	113.34	135.83	138.18	138.57			137.63(-0.99%)	UD	OpenLong	65	-0.3	9	-10000	-2	43	0.31	82%	0.43	67.3	2.8%	0	0.7	76	0
24	Dec_3_2014	112.86	135.69	137.84	138.57			139.01(0.25%)	UT	OpenLong	75	0	12	-10000	0	48	0.75	82%	0.44	111.5	2.79%	0	1.2	65	0
25	Dec_2_2014	112.36	135.6	137.36	138.94			138.66(0.32%)	UT	OpenLong	75	-0.1	13	-10000	0	50	0.43	82%		157.4	2.8%	0	1.2	65	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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