Trading Signals: MELI Stock Price Prediction and Forecast

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Thu. Mar. 5, 2015

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

(MercadoLibre Inc)
MELI latest price $130.6657 (0.53%) ($128.9383 - $132.1061) on Thu. Mar. 5, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.62% (three month average)
RSI   50
Latest Price   $130.6657(0.53%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.2% a day on average for past five trading days.
Weekly Trend   MELI advances 0.3% 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 -0.81% 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   -0.81% (StdDev 1.62%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $130.96(-0.22%)
10 Day Moving Average   $130.85(-0.14%)
20 Day Moving Average   $129.59(0.83%)
To recent high   -5.9%
To recent low   12.9%
Market Cap   $6.495b

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 1.74% (three month std-dev: 1.62%) 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

> 20150405

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	Mar_5_2015	127.1	129.59	130.85	130.96			130.67(0.53%)	UT	OpenLong	75	-0.1	5	-10000	2	13	0.49	33%	0.21	59.2	1.62%	0	0.5	50	0
2	Mar_4_2015	126.83	129.39	130.72	130.77			129.98(-1.94%)	N/A	N/A	0	-0.3	0	-10000	-5	15	0.57	33%	0.19	58.6	1.62%	0	0.3	60	0
3	Mar_3_2015	126.59	129.28	130.85	131.34			132.55(0.45%)	UT	OpenLong	75	0.5	12	-10000	3	39	0.44	35%	0.21	67.6	1.6%	0	1.4	64	0
4	Mar_2_2015	126.33	128.87	130.63	131.06			131.96(1.78%)	UT	OpenLong	75	0.4	15	-10000	3	51	0.56	35%	0.19	58.9	1.6%	0	1.3	68	0
5	Feb_27_2015	126.09	128.42	130.31	130.72			129.65(-0.03%)	UD	OpenLong	75	-0.4	15	-10000	0	58	1.45	31%	0.17	45.4	1.56%	0	0.5	63	0

6	Feb_26_2015	125.88	128.26	130.41	130.71			129.69(-2.39%)	UD	OpenLong	75	-0.4	17	-10000	1	65	1.02	31%	0.14	48.8	1.57%	0	0.5	53	0
7	Feb_25_2015	125.71	128.03	130.14	130.61			132.87(1.31%)	UT	OpenLong	75	0.8	19	-10000	3	67	1.23	34%	0.2	52.6	1.55%	0	1.8	63	0
8	Feb_24_2015	125.46	127.71	129.55	130.29			131.16(0.71%)	UT	OpenLong	75	0.3	16	-10000	1	61	0.49	34%	0.17	65.1	1.54%	0	1.4	57	0
9	Feb_23_2015	125.25	127.45	128.9	130.16			130.24(0.49%)	UT	OpenLong	75	0	18	-10000	3	61	0.38	34%	0.17	83.3	1.54%	0	1.2	62	0
10	Feb_20_2015	125.04	127.22	128.38	129.85			129.6(0.32%)	UD	OpenLong	65	-0.1	14	-10000	-2	60	0.55	34%	0.16	104.5	1.56%	0	1	64	0

11	Feb_19_2015	124.84	126.96	128.23	130.05			129.19(-1.59%)	UD	OpenLong	75	-0.4	22	-10000	5	74	0.62	34%	0.17	122.2	1.56%	0	1	55	0
12	Feb_18_2015	124.63	126.61	127.97	129.53			131.27(0.58%)	UT	OpenLong	75	0.7	25	-10000	9	72	0.39	36%	0.2	114.9	1.55%	0	1.9	60	0
13	Feb_17_2015	124.38	126.11	127.58	128.68			130.52(1.43%)	UT	OpenLong	75	0.7	25	-10000	12	63	0.36	36%	0.31	110.3	1.56%	0	1.8	55	0
14	Feb_13_2015	124	125.5	126.95	127.45			128.68(-1.48%)	UD	OpenLong	75	0.4	15	-10000	8	36	0.57	36%	0.16	80.6	1.55%	0	1.1	54	0
15	Feb_12_2015	123.8	124.89	126.37	126.68			130.61(3.21%)	UT	OpenLong	75	1.2	7	-10000	5	13	0.45	36%	0.15	51.3	1.57%	0	1.7	58	0

16	Feb_11_2015	123.61	124.23	125.89	126.21			126.55(-0.4%)	UD	OpenLong	75	0.1	2	-10000	0	9	0.25	26%	0.15	42.7	1.52%	0	0.7	55	0
17	Feb_10_2015	123.43	123.85	125.74	126.19			127.06(2.2%)	UT	HoldLong	50	0.2	3	-10000	-2	17	0.32	26%	0.15	38.5	1.52%	0	0.9	61	0
18	Feb_9_2015	123.25	123.46	125.68	126.34			124.33(-0.41%)	UD	OpenLong	75	-0.6	9	-10000	0	37	0.27	16%	0.11	34.8	1.51%	0	0.2	59	0
19	Feb_6_2015	123.11	123.3	125.88	126.33			124.84(-2.67%)	UD	OpenLong	75	-0.4	20	-10000	5	63	0.29	16%	0.12	30.5	1.51%	0	0.4	66	0
20	Feb_5_2015	122.96	123.17	126.01	125.9			128.27(1.41%)	UT	HoldLong	65	0.6	25	-10000	4	88	0.25	19%	0.13	22.6	1.48%	0	1.4	76	0

21	Feb_4_2015	122.8	122.77	125.61	125.52			126.48(-1.02%)	UD	OpenLong	75	0.3	28	-10000	3	104	0.33	19%	0.12	13.4	1.49%	0	1.1	69	0
22	Feb_3_2015	122.65	122.48	125.18	125.22			127.79(2.83%)	UT	OpenLong	75	0.8	29	-10000	2	108	0.39	19%	0.15	1.8	1.51%	0	1.6	67	0
23	Feb_2_2015	122.47	122.2	124.53	125.02			124.28(1.29%)	UD	OpenLong	65	-0.2	26	-10000	-4	115	0.28	0%	0.09	-7.4	1.47%	0	0.7	62	0
24	Jan_30_2015	122.36	122.19	123.98	125.41			122.69(-2.91%)	UD	OpenLong	65	-0.9	13	-10000	-4	62	0.44	61%	0.08	-6.6	2.73%	0	0.2	54	0
25	Jan_29_2015	122.26	122.35	123.37	126.07			126.37(1.12%)	UT	OpenLong	75	0.1	17	-10000	2	62	0.36	67%		0.8	2.71%	0	1.2	58	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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