Trading Signals: MELI Stock Price Prediction and Forecast

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

Thu. Jan. 21, 2016

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

(MercadoLibre Inc)
MELI latest price $96.8626 (1.32%) ($93.7332 - $97.9604) on Thu. Jan. 21, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.57% (three month average)
RSI   30
Latest Price   $96.8626(1.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.6% a day on average for past five trading days.
Weekly Trend   MELI declines -5.9% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Growth 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%)    ARKK(59%)
Factors Impacting MELI price   MELI will decline at least -1.285% in a week (0% probabilities).
VIXM(-16%)    UUP(-10%)    TLT(-5%)    SHY(-2%)    IPO(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.285% (StdDev 2.57%)
Hourly BBV 0 ()
Intraday Trend 0.8%

1 - 5 Day Possible Target   $87.17(-10.01%)
Resistance Level   $105.09
5 Day Moving Average   $97.66(-0.82%)
10 Day Moving Average   $99.19(-2.35%)
20 Day Moving Average   $105.09(-7.83%)
To recent high   -22.7%
To recent low   2.5%
Market Cap   $4.815b

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 6.47% (three month std-dev: 2.57%) 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

> 20160221

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	Jan_21_2016	106.31	105.09	99.19	97.66			96.86(1.32%)	DP	OpenShort	-75	-0.1	-39	-10000	-5	-139	0.79	49%	-0.12	-58.7	2.57%	0	-1.2	30	0
2	Jan_20_2016	106.44	105.86	100.12	98.26			95.6(-0.27%)	DT	OpenShort	-75	-0.4	-48	-10000	-13	-152	0.82	49%	-0.12	-59.2	2.57%	0	-1.5	27	0
3	Jan_19_2016	106.57	106.66	101.43	99.98			95.86(0.09%)	DP	OpenShort	-75	-0.6	-37	-10000	-4	-137	0.79	49%	-0.18	-57.9	2.57%	0	-1.7	29	0
4	Jan_15_2016	106.76	107.56	102.76	100.43			95.77(-8.09%)	DT	OpenShort	-75	-0.8	-41	-10000	-7	-142	0.92	51%	-0.15	-64.9	2.56%	0	-2	29	0
5	Jan_14_2016	106.92	108.59	104.53	101.36			104.19(4.31%)	DP	OpenShort	-65	0.5	-32	-10000	3	-138	0.46	56%	0	-68.5	2.37%	0	-0.8	37	0

6	Jan_13_2016	106.92	109.24	105.39	100.97			99.89(-4.1%)	DT	OpenShort	-75	-0.2	-45	-10000	-11	-146	0.89	52%	-0.01	-70.3	2.34%	0	-1.7	33	0
7	Jan_12_2016	106.93	110.02	106.82	102.32			104.16(6.17%)	DP	OpenShort	-75	0.4	-38	-10000	-8	-128	1.02	56%	0.02	-69.5	2.28%	0	-1.1	36	0
8	Jan_11_2016	106.91	110.49	107.69	103.28			98.11(-2.3%)	DT	HoldShort	-65	-1	-45	-10000	-19	-124	0.74	51%	-0.07	-72.7	2.16%	0	-2.4	24	0
9	Jan_8_2016	106.99	111.49	109.27	105.5			100.43(-1.79%)	DT	HoldShort	-65	-1.2	-42	-10000	-23	-98	0.44	53%	-0.07	-77.9	2.14%	0	-2.6	23	0
10	Jan_7_2016	107.06	112.31	110.6	108.13			102.26(-4.1%)	DT	HoldShort	-65	-1.6	-31	-10000	-19	-68	0.48	53%	-0.1	-83.3	2.13%	0	-2.8	22	0

11	Jan_6_2016	107.17	113.15	111.57	110.41			106.63(-2.14%)	DT	HoldShort	-65	-1.4	-23	-10000	-13	-51	0.58	58%	-0.09	-96.7	2.06%	0	-2.4	24	0
12	Jan_5_2016	107.27	113.78	112.15	111.95			108.96(-0.25%)	DT	OpenShort	-75	-1.2	-14	-10000	-7	-34	0.43	62%	-0.11	-93.4	2.05%	0	-1.9	37	0
13	Jan_4_2016	107.39	114.37	112.38	112.79			109.23(-3.84%)	DT	OpenShort	-75	-1.4	-13	-10000	-7	-29	0.54	62%	-0.2	-91.6	2.06%	0	-2	43	0
14	Dec_31_2015	107.61	114.89	112.83	113.59			113.59(-0.02%)	DP	OpenShort	-65	0	-5	-10000	1	-23	0.18	72%	-0.06	-84.3	2.09%	0	-0.5	41	0
15	Dec_30_2015	107.67	115.36	113.01	113.46			113.61(-0.66%)	DP	OpenShort	-65	0	-2	-10000	5	-24	0.25	75%	-0.08	-72.8	2.09%	0	-0.5	45	0

16	Dec_29_2015	107.76	115.87	113.35	112.92			114.37(1.08%)	DP	OpenShort	-65	0.4	-6	-10000	4	-34	0.2	70%	-0.08	-67.6	2.16%	0	-0.4	41	0
17	Dec_28_2015	107.85	116.25	113.37	112.43			113.14(-0.09%)	DP	OpenShort	-65	0.2	-9	-10000	4	-48	0.34	70%	-0.18	-66	2.22%	0	-0.8	38	0
18	Dec_24_2015	108.04	116.78	113.39	111.95			113.24(0.28%)	DP	OpenShort	-75	0.3	-18	-10000	-0	-73	0.11	70%	-0.17	-61.6	2.23%	0	-0.8	35	0
19	Dec_23_2015	108.22	117.36	113.76	111.98			112.92(1.79%)	DP	OpenShort	-75	0.2	-23	-10000	-4	-80	0.25	66%	-0.14	-53.7	2.23%	0	-1	37	0
20	Dec_22_2015	108.37	117.88	114.05	112.54			110.94(-0.85%)	DT	OpenShort	-75	-0.3	-30	-10000	-10	-91	0.32	62%	-0.15	-46.7	2.26%	0	-1.5	28	0

21	Dec_21_2015	108.53	118.57	114.81	113.87			111.89(1.05%)	DP	OpenShort	-75	-0.4	-25	-10000	-5	-85	0.32	62%	-0.17	-35.2	2.3%	0	-1.5	28	0
22	Dec_18_2015	108.71	119.03	115.51	114.46			110.73(-2.36%)	DT	OpenShort	-75	-0.9	-24	-10000	-4	-85	0.45	57%	-0.17	-30.6	2.3%	0	-2	32	0
23	Dec_17_2015	108.9	119.52	116.54	114.97			113.41(-2.01%)	DT	OpenShort	-75	-0.4	-26	-10000	-6	-85	0.57	55%	-0.18	-31.1	2.37%	0	-1.6	32	0
24	Dec_16_2015	109.1	119.89	117.18	115.75			115.73(-1.55%)	DT	OpenShort	-75	-0	-21	-10000	-0	-83	0.43	55%	-0.11	-26.3	2.41%	0	-1.2	33	0
25	Dec_15_2015	109.22	120.1	117.92	115.78			117.56(2.34%)	DP	OpenShort	-75	0.5	-23	-10000	-2	-85	0.41	55%		-26.7	2.4%	0	-0.8	39	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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