Trading Signals: MELI Stock Price Prediction and Forecast

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Fri. May. 27, 2016

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

(MercadoLibre Inc)
MELI latest price $134.3719 (0.05%) ($133.3274 - $134.9886) on Fri. May. 27, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.52% (three month average)
RSI   71
Latest Price   $134.3719(0.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.2% a day on average for past five trading days.
Weekly Trend   MELI advances 2.3% 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 -0.76% in a week (0% probabilities).
VIXM(-15%)    UUP(-11%)    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   -0.76% (StdDev 1.52%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $133.44(0.7%)
10 Day Moving Average   $132.25(1.6%)
20 Day Moving Average   $129.46(3.79%)
To recent high   0%
To recent low   32.9%
Market Cap   $6.68b

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 2.7% (three month std-dev: 1.52%) 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

> 20160627

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	May_27_2016	112.38	129.46	132.25	133.44			134.37(0.05%)	UT	OpenLong	75	0.3	24	-10000	2	90	0.22	89%	0.29	67.4	1.52%	0	1.4	71	0
2	May_26_2016	112.05	128.95	131.53	133.21			134.3(0.74%)	UT	OpenLong	75	0.3	27	-10000	6	88	0.32	73%	0.25	64.2	1.53%	0	1.5	68	0
3	May_25_2016	111.77	128.4	130.83	132.57			133.32(-0.43%)	UD	OpenLong	75	0.2	22	-10000	3	80	0.2	73%	0.22	59.5	1.67%	0	1.5	72	0
4	May_24_2016	111.52	127.98	130.39	132.26			133.89(1.95%)	UT	OpenLong	75	0.5	28	-10000	7	92	0.44	77%	0.22	55.5	1.67%	0	1.9	75	0
5	May_23_2016	111.27	127.52	129.79	131.5			131.33(-1.4%)	UD	OpenLong	75	-0.1	26	-10000	6	87	0.46	76%	0.19	50.2	1.75%	0	1.3	68	0

6	May_20_2016	111.06	127.15	129.33	130.84			133.19(1.59%)	UT	OpenLong	75	0.9	29	-10000	11	83	0.68	76%	0.18	38	1.74%	0	2.2	68	0
7	May_19_2016	110.86	126.74	128.72	129.58			131.1(-0.54%)	UD	OpenLong	75	0.6	23	-10000	7	71	0.51	76%	0.16	27.1	1.75%	0	1.8	69	0
8	May_18_2016	110.68	126.46	128.05	128.82			131.81(1.32%)	UT	OpenLong	75	1.4	20	-10000	5	63	0.47	76%	0.16	19.4	1.75%	0	2.4	73	0
9	May_17_2016	110.5	126.26	127.23	128.26			130.09(1.62%)	UT	OpenLong	75	1	15	-10000	3	52	0.42	78%	0.15	25	1.75%	0	2	62	0
10	May_16_2016	110.33	126.08	126.68	127.88			128.03(0.92%)	UT	OpenLong	75	0.1	14	-10000	3	46	0.22	80%	0.17	38.9	1.76%	0	1.1	58	0

11	May_13_2016	110.14	126.12	126.45	127.59			126.86(-0.34%)	UD	OpenLong	65	-0.4	10	-10000	-1	43	0.22	80%	0.13	67.1	1.82%	0	0.4	59	0
12	May_12_2016	110	126.1	126.2	127.69			127.29(-1.34%)	UD	OpenLong	75	-0.2	15	-10000	5	45	0.34	82%	0.14	94.3	1.83%	0	0.7	54	0
13	May_11_2016	109.85	126.03	125.8	127.08			129.02(0.63%)	UT	OpenLong	75	1.1	15	-10000	9	31	0.4	82%	0.17	107.9	1.85%	0	1.7	58	0
14	May_10_2016	109.66	125.8	125.39	126.02			128.21(1.29%)	UT	OpenLong	75	1	6	-10000	6	7	0.38	82%	0.16	88.8	1.85%	0	1.1	46	0
15	May_9_2016	109.49	125.38	125.05	125.31			126.58(-0.61%)	DP	OpenShort	-65	0.5	-2	-10000	1	-9	0.41	82%	0.15	67.9	1.86%	0	0.4	48	0

16	May_6_2016	109.33	124.94	124.78	125.15			127.36(2.52%)	DP	OpenShort	-65	0.7	-2	-10000	5	-22	0.81	73%	0.14	56.6	1.96%	0	0.8	43	0
17	May_5_2016	109.18	124.46	124.58	124.53			124.23(0.42%)	DT	HoldShort	-50	-0.1	-7	-10000	2	-34	0.69	61%	0.08	43.6	1.96%	0	-0.1	45	0
18	May_4_2016	109.09	124.16	124.73	124.32			123.71(-0.78%)	DT	OpenShort	-75	-0.2	-10	-10000	-2	-35	0.37	61%	0.06	40.6	2.16%	0	-0.1	46	0
19	May_3_2016	109.03	123.94	125.21	124.63			124.68(-0.88%)	DT	OpenShort	-75	0	-7	-10000	-1	-24	0.57	61%	0.09	42.2	2.16%	0	0.2	51	0
20	May_2_2016	108.93	123.57	125.43	124.73			125.79(1.25%)	N/A	N/A	0	0.3	1	-10000	3	-7	0.36	58%	0.12	40.4	2.16%	0	0.5	65	0

21	Apr_29_2016	108.8	123.19	125.75	124.36			124.24(0.83%)	UD	OpenLong	65	-0	1	-10000	-2	11	0.48	58%	0.06	42.1	2.18%	0	0.3	67	0
22	Apr_28_2016	108.73	122.99	126	124.67			123.21(-1.62%)	UD	OpenLong	65	-0.3	5	-10000	-4	33	0.48	58%	0.07	51.7	2.18%	0	0.1	66	0
23	Apr_27_2016	108.65	122.72	126.31	125.19			125.24(0.04%)	UD	OpenLong	65	0	11	-10000	-5	58	0.22	58%	0.06	59.9	2.17%	0	0.6	70	0
24	Apr_26_2016	108.58	122.32	126.28	125.9			125.19(1%)	UD	OpenLong	65	-0.2	19	-10000	-2	81	0.26	58%	0.06	67.1	2.19%	0	0.6	65	0
25	Apr_25_2016	108.52	121.95	125.78	126.24			123.95(-1.43%)	UD	OpenLong	65	-0.5	17	-10000	-8	91	0.23	58%		70.8	2.2%	0	0.4	67	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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