Trading Signals: MELI Stock Price Prediction and Forecast

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Wed. Mar. 30, 2016

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

(MercadoLibre Inc)
MELI latest price $117.0631 (-0.51%) ($116.2673 - $119.0617) on Wed. Mar. 30, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.73% (three month average)
RSI   68
Latest Price   $117.0631(-0.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.4% a day on average for past five trading days.
Weekly Trend   MELI advances 0.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal 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 -1.365% in a week (0% probabilities).
VIXM(-15%)    UUP(-11%)    SPLV(-6%)    TLT(-5%)    IPO(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.365% (StdDev 2.73%)
Hourly BBV 0 ()
Intraday Trend -0.8%

5 Day Moving Average   $114.6(2.15%)
10 Day Moving Average   $114.34(2.38%)
20 Day Moving Average   $112.41(4.14%)
To recent high   -0.5%
To recent low   37.3%
Market Cap   $5.819b

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 2.94% (three month std-dev: 2.73%) 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

> 20160430

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	Mar_30_2016	108.21	112.41	114.34	114.6			117.06(-0.51%)	UD	OpenLong	75	0.7	7	-10000	3	17	0.47	47%	-0.02	99.3	2.73%	0	1.4	68	0
2	Mar_29_2016	108.23	111.79	113.86	114.14			117.66(2.79%)	UT	OpenLong	75	1	9	-10000	5	21	0.71	47%	0	98.7	2.73%	0	1.7	73	0
3	Mar_28_2016	108.23	110.98	113.46	113.39			114.47(2.06%)	UT	OpenLong	75	0.3	6	-10000	1	20	0.5	45%	-0.1	86.4	2.71%	0	0.9	63	0
4	Mar_24_2016	108.34	110.15	113.48	113.28			112.15(0.43%)	UD	OpenLong	65	-0.2	5	-10000	-3	29	0.39	45%	0.06	64.6	2.7%	0	0.4	63	0
5	Mar_23_2016	108.28	109.67	113.56	113.69			111.68(-2.66%)	UD	OpenLong	65	-0.4	11	-10000	-2	48	0.42	45%	0.08	68.9	2.7%	0	0.4	68	0

6	Mar_22_2016	108.19	109.23	113.5	113.95			114.73(0.71%)	UT	HoldLong	65	0.1	18	-10000	3	64	0.57	45%	0.13	69.3	2.68%	0	1	78	0
7	Mar_21_2016	108.05	108.4	112.89	113.49			113.92(-0.03%)	UD	OpenLong	75	0.1	17	-10000	-0	67	0.53	45%	0.16	68.4	2.69%	0	0.9	79	0
8	Mar_18_2016	107.88	107.69	112.49	113.54			113.95(-0.19%)	UT	HoldLong	50	0.1	21	-10000	-1	85	0.32	44%	0.19	75.5	2.69%	0	1.1	83	0
9	Mar_17_2016	107.68	106.98	111.93	113.73			114.17(1.06%)	UT	HoldLong	65	0.1	30	-10000	2	113	0.61	44%	0.18	85.8	2.71%	0	1.2	87	0
10	Mar_16_2016	107.49	106.18	111.13	113.46			112.97(0.46%)	UT	OpenLong	75	-0.1	33	-10000	3	121	0.73	44%	0.16	94.6	2.72%	0	1.1	69	0

11	Mar_15_2016	107.32	105.41	110.39	112.96			112.45(-1.52%)	UD	OpenLong	75	-0.1	35	-10000	5	124	0.5	44%	0.13	101	2.72%	0	1.2	67	0
12	Mar_14_2016	107.18	104.56	109.6	112.13			114.19(-0.61%)	UD	OpenLong	75	0.3	37	-10000	6	131	0.41	44%	0.15	108.2	2.73%	0	1.6	76	0
13	Mar_11_2016	107.02	103.42	108.31	111.23			114.89(1.88%)	UT	OpenLong	75	0.6	39	-10000	9	129	0.48	42%	0.18	103.4	2.74%	0	1.9	72	0
14	Mar_10_2016	106.83	102.11	106.54	109.88			112.78(2.09%)	UT	OpenLong	75	0.5	34	-10000	9	110	0.73	42%	0.18	89.6	2.76%	0	1.7	70	0
15	Mar_9_2016	106.64	100.84	105.42	108.49			110.47(2.01%)	UT	OpenLong	75	0.3	31	-10000	7	103	0.59	42%	0.14	75.1	2.75%	0	1.5	70	0

16	Mar_8_2016	106.49	99.6	104.58	107.44			108.3(-1.28%)	UD	OpenLong	75	0.1	29	-10000	5	101	0.48	42%	0.12	59.9	2.76%	0	1.3	69	0
17	Mar_7_2016	106.36	98.47	103.54	106.64			109.7(1.41%)	UT	OpenLong	75	0.4	35	-10000	12	103	0.6	42%	0.15	46	2.75%	0	1.6	74	0
18	Mar_4_2016	106.2	97.45	102.47	104.92			108.17(2.21%)	UT	HoldLong	65	0.5	38	-10000	16	102	0.56	42%	0.15	35.7	2.75%	0	1.6	77	0
19	Mar_3_2016	106.04	96.78	101.58	102.67			105.83(0.59%)	UT	HoldLong	65	0.5	29	-10000	6	96	0.54	41%	0.15	28.4	2.74%	0	1.4	79	0
20	Mar_2_2016	105.88	96.18	100.8	101.88			105.22(0.91%)	UT	HoldLong	65	0.6	31	-10000	4	110	0.52	41%	0.12	25.3	2.76%	0	1.5	79	0

21	Mar_1_2016	105.75	95.64	100.01	101.32			104.26(3.13%)	UT	HoldLong	65	0.5	41	-10000	9	135	0.85	41%	0.12	22	2.76%	0	1.5	80	0
22	Feb_29_2016	105.62	95.28	99.09	100.01			101.09(4.3%)	UT	HoldLong	65	0.2	38	-10000	3	143	0.83	39%	0.08	15.3	2.72%	0	1.1	79	0
23	Feb_26_2016	105.54	95.06	98.17	99.66			96.92(-4.88%)	UD	OpenLong	65	-0.5	34	-10000	-4	147	1.99	35%	0.03	11.5	2.66%	0	0.4	63	0
24	Feb_25_2016	105.51	95	97.43	100.24			101.89(-0.52%)	UD	OpenLong	75	0.3	42	-10000	6	150	0.68	38%	0.09	14.3	2.61%	0	1.3	57	0
25	Feb_24_2016	105.42	94.69	96	99.49			102.43(4.8%)	UT	OpenLong	75	0.6	37	-10000	7	126	0.75	38%		11.7	2.62%	0	1.6	59	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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