Trading Signals: MELI Stock Price Prediction and Forecast

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Mon. Apr. 18, 2016

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

(MercadoLibre Inc)
MELI latest price $129.4180 (2.17%) ($125.3892 - $129.7164) on Mon. Apr. 18, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.18% (three month average)
RSI   73
Latest Price   $129.4180(2.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 2% a day on average for past five trading days.
Weekly Trend   MELI advances 3.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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 -1.09% in a week (0% probabilities).
VIXM(-15%)    UUP(-10%)    TLT(-4%)    IPO(-4%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.09% (StdDev 2.18%)
Hourly BBV 0 ()
Intraday Trend 3.1%

5 Day Moving Average   $125.2(3.37%)
10 Day Moving Average   $121.58(6.45%)
20 Day Moving Average   $118.76(8.97%)
To recent high   0%
To recent low   51.8%
Market Cap   $6.433b

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 3.92% (three month std-dev: 2.18%) 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

> 20160518

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	Apr_18_2016	108.31	118.76	121.58	125.2			129.42(2.17%)	UT	OpenLong	75	0.9	38	-10000	18	98	0.48	63%	0.06	67.3	2.18%	0	2.3	73	0
2	Apr_15_2016	108.25	117.94	120.37	122.74			126.67(0.62%)	UT	OpenLong	75	1	29	-10000	14	73	0.25	55%	0.18	59.8	2.19%	0	2.2	75	0
3	Apr_14_2016	108.06	117.29	119.63	120.85			125.9(0.97%)	UT	HoldLong	65	1.4	24	-10000	12	59	0.57	58%	0.01	55.3	2.44%	0	2.4	77	0
4	Apr_13_2016	108.05	116.61	118.7	119.17			124.69(4.48%)	UT	HoldLong	65	1.8	18	-10000	8	49	0.46	54%	0.01	53.3	2.49%	0	2.7	77	0
5	Apr_12_2016	108.04	115.97	117.88	118			119.34(1.92%)	UT	OpenLong	75	0.5	13	-10000	4	39	0.59	56%	-0.05	60.2	2.5%	0	1.4	60	0

6	Apr_11_2016	108.09	115.7	117.7	117.43			117.09(-0.12%)	UD	OpenLong	65	-0.1	9	-10000	-1	37	0.27	54%	-0.04	65.8	2.6%	0	0.6	59	0
7	Apr_8_2016	108.13	115.59	117.48	117.61			117.23(-0.21%)	UD	OpenLong	65	-0.2	7	-10000	-4	40	0.29	54%	-0.02	82.6	2.62%	0	0.7	59	0
8	Apr_7_2016	108.15	115.37	117.02	118.16			117.48(-1.14%)	UD	OpenLong	75	-0.3	11	-10000	0	45	0.25	51%	-0.03	102.9	2.63%	0	0.9	59	0
9	Apr_6_2016	108.18	115.03	116.49	118.11			118.83(1.99%)	UT	OpenLong	75	0.3	12	-10000	2	43	0.32	50%	-0.01	106.9	2.68%	0	1.5	65	0
10	Apr_5_2016	108.19	114.51	116.06	117.76			116.52(-1.25%)	UD	OpenLong	65	-0.5	10	-10000	-1	43	0.29	50%	-0.02	102.5	2.69%	0	0.7	62	0

11	Apr_4_2016	108.21	114.19	115.82	117.99			117.99(-1.67%)	UD	OpenLong	75	0	16	-10000	5	49	0.41	47%	0.01	115.6	2.68%	0	1.3	59	0
12	Apr_1_2016	108.2	113.7	115.4	117.28			119.99(2.35%)	UT	OpenLong	75	0.9	18	-10000	10	42	0.67	47%	0	122.9	2.72%	0	2.1	62	0
13	Mar_31_2016	108.2	113	114.78	115.71			117.23(0.14%)	UT	OpenLong	75	0.5	12	-10000	7	26	0.34	47%	-0.01	112.6	2.73%	0	1.4	63	0
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		108.2	2.73%	0	1.6	76	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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