Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Sep. 2, 2015

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

(MercadoLibre Inc)
MELI latest price $109.0002 (1.21%) ($108.0980 - $111.0426) on Wed. Sep. 2, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.23% (three month average)
RSI   36
Latest Price   $109.0002(1.21%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1% a day on average for past five trading days.
Weekly Trend   MELI declines -3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(63%)    IWF(62%)    VUG(59%)    IWO(58%)    SPY(56%)
Factors Impacting MELI price   MELI will decline at least -1.115% in a week (0% probabilities).
VIXM(-17%)    UUP(-8%)    TLT(-6%)    SHY(-3%)    IGOV(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.115% (StdDev 2.23%)
Hourly BBV 0 ()
Intraday Trend 0.1%

Resistance Level   $112.77
5 Day Moving Average   $109.81(-0.74%)
10 Day Moving Average   $107.05(1.82%)
20 Day Moving Average   $112.77(-3.34%)
To recent high   -27.1%
To recent low   7.6%
Market Cap   $5.418b

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 6.83% (three month std-dev: 2.23%) 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

> 20151002

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	Sep_2_2015	134.01	112.77	107.05	109.81			109(1.21%)	DT	HoldShort	-50	-0.1	-13	-10000	9	-78	0.7	37%	-0.16	-57.4	2.23%	0	-0.5	36	0
2	Sep_1_2015	134.22	113.79	107.36	108.78			107.7(-1.29%)	DT	HoldShort	-50	-0.1	-19	-10000	11	-108	0.94	37%	-0.16	-59.1	2.22%	0	-0.7	33	0
3	Aug_31_2015	134.44	114.78	108.19	107.5			109.11(-2.77%)	DP	OpenShort	-65	0.2	-26	-10000	11	-137	0.38	37%	-0.16	-61.4	2.22%	0	-0.7	32	0
4	Aug_28_2015	134.66	115.66	109.16	106.2			112.22(1.09%)	DP	OpenShort	-65	0.7	-32	-10000	11	-161	0.37	39%	-0.12	-63.8	2.2%	0	-0.4	34	0
5	Aug_27_2015	134.82	116.48	109.68	104.88			111.01(6.88%)	DP	OpenShort	-65	0.7	-41	-10000	7	-185	0.81	39%	-0.13	-66.1	2.19%	0	-0.6	37	0

6	Aug_26_2015	134.99	117.37	110.39	104.07			103.86(2.55%)	DP	OpenShort	-75	-0	-70	-10000	-17	-228	0.45	33%	-0.16	-66.9	2%	0	-1.4	23	0
7	Aug_25_2015	135.21	118.83	112.02	105.88			101.29(-1.29%)	DT	HoldShort	-65	-0.5	-81	-10000	-29	-237	0.63	30%	-0.18	-66.1	1.96%	0	-1.9	11	0
8	Aug_24_2015	135.45	120.2	114.15	109.01			102.61(-2.86%)	DT	HoldShort	-65	-0.8	-75	-10000	-31	-208	0.45	30%	-0.25	-67	1.98%	0	-2.1	18	0
9	Aug_21_2015	135.79	121.53	116.21	112.5			105.63(-1.24%)	DT	HoldShort	-65	-0.9	-60	-10000	-23	-171	0.79	32%	-0.13	-68.2	1.96%	0	-2.2	22	0
10	Aug_20_2015	135.97	122.81	117.76	115.12			106.96(-5.28%)	DT	HoldShort	-65	-1.2	-55	-10000	-21	-157	0.54	32%	-0.12	-69.9	1.97%	0	-2.4	21	0

11	Aug_19_2015	136.13	124.11	119.17	117.57			112.92(-3.43%)	DT	OpenShort	-75	-0.8	-47	-10000	-13	-150	0.69	33%	-0.07	-71.6	1.88%	0	-1.9	25	0
12	Aug_18_2015	136.22	125.17	120.92	119.04			116.92(-2.63%)	DT	OpenShort	-75	-0.4	-41	-10000	-9	-137	0.33	36%	-0.03	-71	1.84%	0	-1.5	25	0
13	Aug_17_2015	136.26	126	122.02	120.08			120.08(1.14%)	DP	OpenShort	-75	0	-33	-10000	-4	-121	0.37	37%	-0.01	-66.9	1.83%	0	-1.1	40	0
14	Aug_14_2015	136.27	126.77	122.71	120.58			118.73(-0.41%)	DT	OpenShort	-75	-0.3	-32	-10000	-3	-118	0.18	37%	-0.01	-62.9	1.82%	0	-1.4	38	0
15	Aug_13_2015	136.29	127.63	123.78	120.86			119.21(-0.85%)	DT	OpenShort	-75	-0.3	-30	-10000	-1	-115	0.56	37%	-0.01	-63	1.83%	0	-1.6	35	0

16	Aug_12_2015	136.3	128.43	124.82	121.01			120.23(-1.57%)	DT	OpenShort	-75	-0.2	-46	-10000	-19	-127	0.41	37%	0	-63.7	1.83%	0	-1.6	34	0
17	Aug_11_2015	136.3	129.16	126.06	123.12			122.15(-0.37%)	DT	OpenShort	-75	-0.2	-33	-10000	-11	-99	0.49	37%	-0.02	-51.7	1.82%	0	-1.4	34	0
18	Aug_10_2015	136.33	129.75	126.64	124.31			122.6(2.08%)	DP	OpenShort	-75	-0.4	-30	-10000	-8	-96	0.32	37%	0	-48.1	1.82%	0	-1.5	35	0
19	Aug_7_2015	136.33	130.37	127.2	125.25			120.1(0.12%)	DP	OpenShort	-75	-1.2	-39	-10000	-16	-106	0.45	33%	-0.01	-45.7	1.81%	0	-2.3	28	0
20	Aug_6_2015	136.35	131.13	128.28	127.14			119.97(-8.28%)	DT	OpenShort	-75	-1.9	-35	-10000	-16	-92	1.23	33%	-0.04	-44.7	1.83%	0	-3	27	0

21	Aug_5_2015	136.4	131.8	129.54	129.06			130.79(2.13%)	DP	OpenShort	-75	0.6	-24	-10000	-4	-83	0.49	38%	0.03	-54.2	1.52%	0	-0.4	41	0
22	Aug_4_2015	136.36	131.72	129.78	129.47			128.07(0.6%)	DT	HoldShort	-50	-0.5	-19	-10000	1	-78	0.32	41%	0.02	-67.9	1.51%	0	-1.3	36	0
23	Aug_3_2015	136.33	132.03	130.3	129.37			127.3(-1.75%)	DT	OpenShort	-75	-0.8	-20	-10000	-1	-77	0.46	41%	0.02	-80.9	1.63%	0	-1.7	36	0
24	Jul_31_2015	136.3	132.42	131.12	129.46			129.57(0.01%)	DP	OpenShort	-75	0	-19	-10000	-1	-74	0.22	45%	0.02	-105.1	1.63%	0	-1.1	38	0
25	Jul_30_2015	136.27	132.81	131.73	129.6			129.56(-2.48%)	DT	OpenShort	-75	-0	-21	-10000	-5	-70	0.34	45%		-117.2	1.66%	0	-1.2	38	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

Click to see actual return for next trading day.