Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Apr. 20, 2015

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

(MercadoLibre Inc)
MELI latest price $132.2975 (2.72%) ($128.9784 - $132.9018) on Mon. Apr. 20, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.5% (three month average)
RSI   85
Latest Price   $132.2975(2.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.4% a day on average for past five trading days.
Weekly Trend   MELI advances 3% 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(63%)    SPY(56%)    XLY(56%)    XLK(55%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -0.75% 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   -0.75% (StdDev 1.5%)
Hourly BBV 0 ()
Intraday Trend 2.4%

5 Day Moving Average   $130.48(1.39%)
10 Day Moving Average   $129.48(2.18%)
20 Day Moving Average   $125.98(5.01%)
To recent high   -0.4%
To recent low   10.3%
Market Cap   $6.577b

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 3.21% (three month std-dev: 1.5%) 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

> 20150520

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	Apr_20_2015	127.01	125.98	129.48	130.48			132.3(2.72%)	UT	HoldLong	65	0.4	35	-10000	6	122	0.31	39%	-0.06	41.4	1.5%	0	1.6	85	0
2	Apr_17_2015	127.08	125.5	128.77	129.92			128.8(-0.89%)	UD	OpenLong	65	-0.3	28	-10000	-3	121	0.37	34%	0.02	39.1	1.5%	0	0.9	74	0
3	Apr_16_2015	127.06	125.14	128.34	130.24			129.96(-0.78%)	UD	OpenLong	75	-0.1	38	-10000	3	144	0.19	34%	-0.08	36.1	1.5%	0	1.3	82	0
4	Apr_15_2015	127.16	124.87	127.64	129.94			130.98(0.48%)	UT	HoldLong	65	0.3	43	-10000	7	151	0.39	34%	-0.07	35.8	1.52%	0	1.7	86	0
5	Apr_14_2015	127.25	124.59	126.7	129.23			130.35(0.65%)	UT	HoldLong	65	0.3	43	-10000	9	143	0.27	34%	-0.06	37.8	1.53%	0	1.7	78	0

6	Apr_13_2015	127.33	124.32	125.74	128.32			129.5(-0.68%)	UD	OpenLong	75	0.4	37	-10000	9	119	0.21	34%	-0.06	36.2	1.54%	0	1.7	62	0
7	Apr_10_2015	127.41	124.04	124.95	127.44			130.39(1.46%)	UT	OpenLong	75	1	35	-10000	13	102	0.21	34%	-0.03	25.1	1.54%	0	2.3	66	0
8	Apr_9_2015	127.45	123.8	123.9	126.16			128.5(0.86%)	UT	OpenLong	75	0.9	28	-10000	12	77	0.25	34%	-0.05	7	1.54%	0	1.9	67	0
9	Apr_8_2015	127.51	123.6	123.02	125			127.4(1.28%)	UT	OpenLong	75	1.1	21	-10000	13	43	0.32	34%	-0.05	-15.8	1.55%	0	1.7	53	0
10	Apr_7_2015	127.58	123.35	122.36	123.8			125.8(0.55%)	UT	OpenLong	75	1	10	-10000	11	6	0.44	34%	-0.05	-54.1	1.55%	0	1.2	46	0

11	Apr_6_2015	127.65	123.23	122.13	122.75			125.1(0.9%)	N/A	N/A	0	1.2	1	-10000	7	-18	0.38	34%	-0.09	-88.5	1.55%	0	0.9	46	0
12	Apr_2_2015	127.76	123.33	121.9	122.07			123.98(1.03%)	DP	OpenShort	-65	0.7	-3	-10000	8	-34	0.31	34%	-0.08	-77.8	1.56%	0	0.2	48	0
13	Apr_1_2015	127.86	123.63	121.65	121.31			122.72(1.09%)	DP	OpenShort	-65	0.5	-11	-10000	6	-62	0.39	34%	-0.09	-75.9	1.56%	0	-0.3	40	0
14	Mar_31_2015	127.98	123.96	121.83	120.75			121.39(0.7%)	DP	OpenShort	-65	0.2	-18	-10000	1	-75	0.32	34%	-0.11	-73.9	1.57%	0	-0.7	41	0
15	Mar_30_2015	128.12	124.49	122.29	120.69			120.55(-0.96%)	DT	OpenShort	-75	-0	-24	-10000	-8	-71	0.33	34%	-0.1	-68	1.57%	0	-1.1	47	0

16	Mar_27_2015	128.25	125.05	122.81	121.41			121.72(1.27%)	DP	OpenShort	-75	0.1	-16	-10000	-3	-53	0.29	34%	-0.09	-62	1.56%	0	-0.9	46	0
17	Mar_26_2015	128.37	125.44	123.08	121.74			120.19(0.25%)	DP	OpenShort	-75	-0.4	-17	-10000	-3	-58	0.32	34%	-0.12	-60.3	1.56%	0	-1.4	35	0
18	Mar_25_2015	128.52	125.93	123.73	122.03			119.89(-1.01%)	DT	OpenShort	-75	-0.6	-25	-10000	-11	-67	0.37	34%	-0.15	-57.3	1.57%	0	-1.6	31	0
19	Mar_24_2015	128.71	126.58	124.29	123.06			121.11(-2.46%)	DT	OpenShort	-75	-0.5	-24	-10000	-11	-64	0.27	34%	-0.11	-50.9	1.58%	0	-1.5	34	0
20	Mar_23_2015	128.85	127.09	124.51	124.11			124.17(0.67%)	DP	OpenShort	-75	0	-20	-10000	-3	-71	0.51	36%	-0.09	-45.4	1.56%	0	-0.9	34	0

21	Mar_20_2015	128.96	127.4	124.48	124.44			123.34(1.37%)	DP	OpenShort	-75	-0.3	-24	-10000	-2	-89	0.31	36%	0.08	-41.5	1.55%	0	-1.2	33	0
22	Mar_19_2015	128.86	127.72	124.91	124.66			121.67(-2.67%)	DT	OpenShort	-75	-0.9	-31	-10000	-10	-95	0.42	36%	0.08	-43.3	1.55%	0	-1.9	36	0
23	Mar_18_2015	128.76	128.13	125.8	125.65			125.01(-1.08%)	DT	OpenShort	-75	-0.2	-19	-10000	-0	-76	0.73	39%	0.09	-34.8	1.51%	0	-1	41	0
24	Mar_17_2015	128.65	128.44	126.26	125.69			126.37(0.45%)	DP	OpenShort	-65	0.2	-14	-10000	8	-81	0.56	39%	0.14	-29.1	1.51%	0	-0.7	37	0
25	Mar_16_2015	128.47	128.65	126.82	124.95			125.81(1.1%)	DP	OpenShort	-65	0.3	-20	-10000	4	-92	0.4	34%		-26.6	1.52%	0	-1	40	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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