Trading Signals: MELI Stock Price Prediction and Forecast

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Wed. Jan. 21, 2015

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

(MercadoLibre Inc)
MELI latest price $121.8554 (0.5%) ($120.5437 - $124.5529) on Wed. Jan. 21, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.87% (three month average)
RSI   37
Latest Price   $121.8554(0.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.5% a day on average for past five trading days.
Weekly Trend   MELI declines -2.1% 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 -1.435% in a week (0% probabilities).
VIXM(-18%)    UUP(-8%)    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   -1.435% (StdDev 2.87%)
Hourly BBV 0 ()
Intraday Trend 1.1%

1 - 5 Day Possible Target   $114.52(-6.02%)
Resistance Level   $122.38
5 Day Moving Average   $118.85(2.53%)
10 Day Moving Average   $119.59(1.89%)
20 Day Moving Average   $122.38(-0.43%)
To recent high   -12.6%
To recent low   15.4%
Market Cap   $6.057b

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: 2.87%) 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

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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_21_2015	121.64	122.38	119.59	118.85			121.86(0.5%)	DP	OpenShort	-65	0.8	-8	-10000	4	-43	0.38	72%	0.07	-60.7	2.87%	0	-0.1	37	0
2	Jan_20_2015	121.56	122.62	119.45	118.24			121.25(2.65%)	DP	OpenShort	-65	0.8	-13	-10000	3	-60	0.47	74%	0.07	-71.9	2.89%	0	-0.4	32	0
3	Jan_16_2015	121.48	122.88	119.58	117.8			118.12(2.08%)	DP	OpenShort	-75	0.1	-21	-10000	-3	-76	0.4	74%	0.04	-82	2.88%	0	-1.2	22	0
4	Jan_15_2015	121.43	123.35	120.2	118.39			115.71(-1.38%)	DT	HoldShort	-65	-0.7	-25	-10000	-8	-76	0.4	74%	0.02	-88.1	2.87%	0	-2	22	0
5	Jan_14_2015	121.4	123.88	121.26	119.73			117.34(-1.21%)	DT	OpenShort	-75	-0.7	-19	-10000	-4	-62	0.47	74%	0.03	-104.8	2.87%	0	-1.9	30	0

6	Jan_13_2015	121.36	124.64	122.17	120.39			118.77(-0.25%)	DT	OpenShort	-75	-0.5	-15	-10000	-2	-55	0.33	74%	0.06	-120.7	2.87%	0	-2	30	0
7	Jan_12_2015	121.29	125.35	123.09	120.8			119.07(-1.64%)	DT	OpenShort	-75	-0.5	-17	-10000	-5	-52	0.3	74%	0.06	-114.7	2.87%	0	-1.9	29	0
8	Jan_9_2015	121.22	126.09	124.01	121.6			121.06(-1.11%)	DT	OpenShort	-75	-0.2	-14	-10000	-4	-43	0.16	74%	0.07	-110.2	2.87%	0	-1.5	34	0
9	Jan_8_2015	121.13	126.73	124.56	122.3			122.41(1.49%)	DP	OpenShort	-75	0	-14	-10000	-5	-39	0.37	75%	0.09	-104.2	2.88%	0	-1.2	34	0
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		7.6	2.81%	0	-1.5	31	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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