Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Nov. 17, 2015

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

(MercadoLibre Inc)
MELI latest price $119.3559 (0.64%) ($117.8869 - $120.0904) on Tue. Nov. 17, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.67% (three month average)
RSI   86
Latest Price   $119.3559(0.64%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.1% a day on average for past five trading days.
Weekly Trend   MELI advances 9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock 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 -1.335% in a week (0% probabilities).
VIXM(-17%)    UUP(-9%)    TLT(-5%)    SHY(-3%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.335% (StdDev 2.67%)
Hourly BBV 0 ()
Intraday Trend 0.4%

5 Day Moving Average   $118.75(0.51%)
10 Day Moving Average   $117.09(1.94%)
20 Day Moving Average   $107.98(10.54%)
To recent high   -0.6%
To recent low   38.7%
Market Cap   $5.933b

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 9.39% (three month std-dev: 2.67%) 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

> 20151217

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_17_2015	111.88	107.98	117.09	118.75			119.36(0.64%)	UT	HoldLong	65	0.1	51	-10000	1	202	0.32	49%	-0.19	66	2.67%	0	1.1	86	0
2	Nov_16_2015	112.09	106.8	115.6	118.63			118.6(1.18%)	UT	HoldLong	65	-0	57	-10000	2	223	0.48	49%	-0.25	69.1	2.67%	0	1.2	85	0
3	Nov_13_2015	112.37	105.64	113.96	118.35			117.22(-2.02%)	UD	OpenLong	65	-0.1	58	-10000	-1	233	0.73	49%	-0.28	72.3	2.67%	0	1.2	78	0
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-64.2	2.49%	0	-0.6	48	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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