Trading Signals: MELI Stock Price Prediction and Forecast

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

Thu. Nov. 12, 2015

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

(MercadoLibre Inc)
MELI latest price $119.6338 (0.6%) ($117.3261 - $120.3187) on Thu. Nov. 12, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.66% (three month average)
RSI   82
Latest Price   $119.6338(0.6%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.7% a day on average for past five trading days.
Weekly Trend   MELI advances 10.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)    VUG(59%)
Factors Impacting MELI price   MELI will decline at least -1.33% 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   -1.33% (StdDev 2.66%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $118.47(0.98%)
10 Day Moving Average   $112.12(6.7%)
20 Day Moving Average   $104.51(14.47%)
To recent high   -0.5%
To recent low   39%
Market Cap   $5.947b

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 9.26% (three month std-dev: 2.66%) 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

> 20151212

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	Nov_12_2015	112.69	104.51	112.12	118.47			119.63(0.6%)	UT	HoldLong	65	0.1	65	-10000	5	246	0.47	49%	-0.25	75.5	2.66%	0	1.6	82	0
2	Nov_11_2015	112.97	103.14	109.68	117.66			118.92(0.13%)	UT	HoldLong	65	0.1	74	-10000	17	246	0.38	49%	-0.27	75.8	2.66%	0	1.7	83	0
3	Nov_10_2015	113.28	101.68	107.44	115.11			118.76(1.3%)	UT	HoldLong	65	0.4	73	-10000	21	227	0.44	51%	-0.24	70.6	2.66%	0	2	84	0
4	Nov_9_2015	113.55	100.32	105.18	112.05			117.23(-0.49%)	UD	OpenLong	75	0.7	65	-10000	22	195	0.48	51%	-0.25	65.7	2.67%	0	2.1	80	0
5	Nov_6_2015	113.84	98.99	103.25	108.85			117.81(1.94%)	UT	HoldLong	65	1.3	64	-10000	29	167	0.55	46%	-0.23	58.7	2.67%	0	2.7	81	0

6	Nov_5_2015	114.1	97.68	101.17	104.81			115.56(8.81%)	UT	HoldLong	65	1.9	51	-10000	29	118	2.21	47%	-0.24	51.9	2.85%	0	3.2	80	0
7	Nov_4_2015	114.37	96.5	99.15	100.61			106.2(2.66%)	UT	HoldLong	65	1.5	30	-10000	15	76	1.39	42%	-0.31	49.1	2.63%	0	2.6	77	0
8	Nov_3_2015	114.73	95.85	97.95	98.65			103.46(2.22%)	UT	HoldLong	65	1.6	23	-10000	11	60	0.58	39%	-0.33	48.4	2.61%	0	2.5	78	0
9	Nov_2_2015	115.11	95.35	97.14	97.29			101.21(3.66%)	UT	OpenLong	75	1.6	15	-10000	4	47	0.78	39%	-0.35	59.2	2.6%	0	2.4	67	0
10	Oct_30_2015	115.52	95.05	96.56	96.81			97.64(3.29%)	UT	HoldLong	50	0.4	12	-10000	-1	50	0.54	36%	-0.37	79.1	2.55%	0	1.2	64	0

11	Oct_29_2015	115.95	94.89	96.3	96.95			94.53(-1.97%)	UD	OpenLong	65	-1.1	11	-10000	-4	56	0.84	36%	-0.43	83.5	2.52%	0	-0.2	54	0
12	Oct_28_2015	116.45	94.69	96.2	97.39			96.43(-0.2%)	UD	OpenLong	75	-0.4	18	-10000	3	64	0.51	36%	-0.39	80.5	2.58%	0	0.7	58	0
13	Oct_27_2015	116.91	94.4	95.63	97.04			96.62(-2.27%)	UD	OpenLong	75	-0.1	14	-10000	1	51	0.32	36%	-0.39	60.8	2.58%	0	0.8	57	0
14	Oct_26_2015	117.37	93.91	95.25	96.89			98.86(0.56%)	UT	OpenLong	75	0.6	16	-10000	5	49	0.46	36%	-0.38	45.4	2.57%	0	1.6	62	0
15	Oct_23_2015	117.82	93.43	94.54	96.27			98.31(1.61%)	UT	OpenLong	75	0.7	12	-10000	5	32	0.71	36%	-0.37	29.3	2.57%	0	1.7	54	0

16	Oct_22_2015	118.26	93.05	94	95.61			96.76(2.24%)	UT	OpenLong	75	0.4	10	-10000	6	20	0.38	36%	-0.39	11.8	2.56%	0	1.4	54	0
17	Oct_21_2015	118.72	92.78	93.66	94.85			94.63(-1.31%)	UD	OpenLong	75	-0.1	10	-10000	7	19	0.3	35%	-0.39	-18	2.54%	0	0.7	63	0
18	Oct_20_2015	119.19	92.63	93.58	93.97			95.89(0.12%)	UT	OpenLong	75	0.8	7	-10000	5	14	0.47	35%	-0.39	-57.7	2.54%	0	1.3	65	0
19	Oct_19_2015	119.66	92.54	93.38	93.33			95.77(0.8%)	UT	OpenLong	75	0.9	12	-10000	7	25	0.3	35%	-0.41	-82	2.54%	0	1.2	72	0
20	Oct_16_2015	120.15	92.6	93.35	92.55			95.01(2.2%)	UT	OpenLong	75	0.9	9	-10000	3	28	0.34	35%	-0.41	-94.5	2.54%	0	0.8	61	0

21	Oct_15_2015	120.65	92.74	93.3	92.21			92.96(3.06%)	UT	HoldLong	50	0.2	7	-10000	-1	31	0.41	35%	-0.44	-82.5	2.52%	0	0.1	54	0
22	Oct_14_2015	121.18	93.23	93.04	92.35			90.2(-2.69%)	UD	OpenLong	65	-0.4	2	-10000	-7	28	0.36	33%	-0.45	-64.2	2.49%	0	-0.6	48	0
23	Oct_13_2015	121.73	94.08	93.12	93.11			92.7(0.91%)	UD	OpenLong	65	-0.1	7	-10000	-3	38	0.28	34%	-0.24	-52.6	2.47%	0	-0.2	53	0
24	Oct_12_2015	122.02	94.75	92.53	93.42			91.86(-1.57%)	N/A	N/A	0	-0.3	-0	-10000	-7	21	0.35	34%	-0.46	-49.4	2.47%	0	-0.5	44	0
25	Oct_9_2015	122.58	95.38	92.32	94.25			93.33(-0.34%)	UD	OpenLong	65	-0.1	2	-10000	-3	15	0.48	37%		-46	2.48%	0	-0.3	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

Click to see actual return for next trading day.