Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Oct. 7, 2015

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

(MercadoLibre Inc)
MELI latest price $93.9958 (-0.29%) ($92.8345 - $96.3631) on Wed. Oct. 7, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.54% (three month average)
RSI   33
Latest Price   $93.9958(-0.29%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.8% 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   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%)    SKYY(61%)    VUG(59%)    IWO(58%)
Factors Impacting MELI price   MELI will decline at least -1.27% in a week (0% probabilities).
VIXM(-17%)    UUP(-9%)    TLT(-5%)    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   -1.27% (StdDev 2.54%)
Hourly BBV 0 ()
Intraday Trend -1.2%

Resistance Level   $96.48
5 Day Moving Average   $93.81(0.2%)
10 Day Moving Average   $91.88(2.3%)
20 Day Moving Average   $96.48(-2.57%)
To recent high   -30.9%
To recent low   9.2%
Market Cap   $4.673b

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 7.08% (three month std-dev: 2.54%) 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

> 20151107

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	Oct_7_2015	123.66	96.48	91.88	93.81			94(-0.29%)	DP	OpenShort	-65	0	-4	-10000	6	-33	0.67	35%	-0.42	-50.3	2.54%	0	-0.4	33	0
2	Oct_6_2015	124.18	97.1	91.64	93.09			94.27(-1.79%)	DP	OpenShort	-65	0.2	-9	-10000	14	-78	0.45	35%	-0.42	-51.2	2.54%	0	-0.4	29	0
3	Oct_5_2015	124.71	97.78	91.61	91.44			95.99(1.27%)	DP	OpenShort	-65	0.6	-24	-10000	11	-128	0.4	35%	-0.4	-56.9	2.55%	0	-0.2	32	0
4	Oct_2_2015	125.21	98.31	91.68	90.12			94.79(5.32%)	DP	OpenShort	-65	0.6	-37	-10000	6	-164	0.62	34%	-0.41	-62.8	2.56%	0	-0.5	34	0
5	Oct_1_2015	125.73	99.09	91.98	89.39			90.01(-0.42%)	DT	OpenShort	-75	0.1	-52	-10000	-3	-199	0.49	30%	-0.43	-62.4	2.45%	0	-1.1	27	0

6	Sep_30_2015	126.27	100.04	93.29	89.73			90.38(5.03%)	DP	OpenShort	-75	0.1	-52	-10000	-3	-200	0.6	30%	-0.43	-59.8	2.45%	0	-1.2	26	0
7	Sep_29_2015	126.82	100.93	94.98	90.02			86.06(-3.72%)	DT	HoldShort	-65	-0.5	-64	-10000	-16	-209	0.73	25%	-0.47	-57.8	2.35%	0	-1.9	14	0
8	Sep_28_2015	127.42	102.13	97.09	91.74			89.38(-1.9%)	DT	HoldShort	-65	-0.3	-58	-10000	-15	-188	0.64	26%	-0.45	-54.1	2.37%	0	-1.8	15	0
9	Sep_25_2015	127.99	103.3	98.7	93.43			91.11(-0.67%)	DT	HoldShort	-65	-0.3	-54	-10000	-14	-172	0.49	26%	-0.42	-46.9	2.36%	0	-1.8	21	0
10	Sep_24_2015	128.53	104.33	100.06	94.97			91.73(-0.08%)	DT	HoldShort	-65	-0.5	-58	-10000	-21	-170	0.68	26%	-0.43	-41.8	2.37%	0	-2.1	18	0

11	Sep_23_2015	129.09	105.01	101.55	97.42			91.8(-3.05%)	DT	OpenShort	-75	-1	-58	-10000	-28	-149	0.63	28%	-0.44	-43.2	2.37%	0	-2.5	25	0
12	Sep_22_2015	129.66	105.59	103.15	100.73			94.68(-3.22%)	DT	OpenShort	-75	-1.3	-41	-10000	-20	-105	0.74	29%	-0.45	-47.1	2.39%	0	-2.4	31	0
13	Sep_21_2015	130.24	106.06	104.6	103.25			97.84(-0.96%)	DT	OpenShort	-75	-1.4	-27	-10000	-12	-73	0.58	30%	-0.36	-58.2	2.37%	0	-2.1	32	0
14	Sep_18_2015	130.71	106.5	105.6	104.72			98.79(-5.02%)	DT	OpenShort	-75	-1.8	-23	-10000	-9	-63	1.24	31%	-0.33	-72.5	2.38%	0	-2.3	29	0
15	Sep_17_2015	131.14	106.96	106.87	105.84			104.01(-4%)	DT	OpenShort	-75	-0.6	-14	-10000	-3	-48	0.7	33%	-0.29	-94.7	2.32%	0	-1	38	0

16	Sep_16_2015	131.52	107.39	107.39	106.25			108.35(1%)	DP	OpenShort	-65	0.7	-6	-10000	2	-31	0.41	35%	-0.24	-96.4	2.28%	0	0.3	59	0
17	Sep_15_2015	131.84	107.76	107.31	106.01			107.28(1.98%)	DP	OpenShort	-75	0.3	-7	-10000	-2	-23	0.59	35%	-0.22	-87.9	2.28%	0	-0.1	62	0
18	Sep_14_2015	132.13	108.34	107.48	106.28			105.19(0.81%)	DP	OpenShort	-75	-0.2	-4	-10000	-3	-6	0.23	35%	-0.23	-72.7	2.26%	0	-0.7	57	0
19	Sep_11_2015	132.44	108.98	108.16	106.69			104.35(-1.64%)	N/A	N/A	0	-0.5	-6	-10000	-11	11	0.5	35%	-0.26	-65.9	2.27%	0	-0.9	50	0
20	Sep_10_2015	132.78	109.7	108.85	108.07			106.09(-0.98%)	UD	OpenLong	65	-0.4	7	-10000	-5	42	0.42	36%	-0.24	-56.4	2.29%	0	-0.7	50	0

21	Sep_9_2015	133.1	110.37	108.71	108.66			107.14(-1.36%)	UD	OpenLong	65	-0.3	7	-10000	-1	32	0.34	36%	-0.22	-58.3	2.3%	0	-0.6	42	0
22	Sep_8_2015	133.39	111.08	108.22	108.77			108.61(1.27%)	N/A	N/A	0	-0	-1	-10000	-1	0	0.31	36%	-0.14	-58.1	2.3%	0	-0.4	39	0
23	Sep_4_2015	133.58	111.74	107.67	108.87			107.26(-3.61%)	DT	OpenShort	-75	-0.2	-16	-10000	-8	-39	0.37	36%	-0.17	-57	2.28%	0	-0.7	34	0
24	Sep_3_2015	133.81	112.37	107.53	109.86			111.27(2.08%)	DP	OpenShort	-75	0.2	-13	-10000	0	-52	0.51	37%	-0.15	-58.9	2.25%	0	-0.2	40	0
25	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%		-57.4	2.23%	0	-0.5	36	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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