Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Jun. 27, 2016

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

(MercadoLibre Inc)
MELI latest price $126.2148 (-3.9%) ($125.4389 - $130.0984) on Mon. Jun. 27, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.59% (three month average)
RSI   30
Latest Price   $126.2148(-3.9%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -1.2% a day on average for past five trading days.
Weekly Trend   MELI declines -0.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based 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 -0.795% in a week (0% probabilities).
VIXM(-15%)    UUP(-11%)    TLT(-4%)    IPO(-4%)    SHY(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.795% (StdDev 1.59%)
Hourly BBV 0 ()
Intraday Trend -3%

Resistance Level   $134.58
5 Day Moving Average   $133.35(-5.35%)
10 Day Moving Average   $133.52(-5.47%)
20 Day Moving Average   $134.58(-6.22%)
To recent high   -8.8%
To recent low   10.3%
Market Cap   $6.274b

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 1.96% (three month std-dev: 1.59%) 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

> 20160727

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	Jun_27_2016	119.92	134.58	133.52	133.35			126.21(-3.9%)	DT	OpenShort	-75	-2.7	-20	-10000	-15	-35	0.36	53%	0.31	-4.1	1.59%	0	-3.2	30	0
2	Jun_24_2016	119.55	135.04	134.26	134.98			131.34(-5.06%)	DT	OpenShort	-75	-2	-7	-10000	-3	-18	0.51	62%	0.3	22.6	1.51%	0	-2.1	37	0
3	Jun_23_2016	119.19	135.21	134.53	135.33			138.33(1.9%)	N/A	N/A	0	1.9	3	-10000	8	-14	0.19	77%	0.38	40.7	1.36%	0	2	57	0
4	Jun_22_2016	118.74	134.95	134.3	134.61			135.75(0.47%)	DP	OpenShort	-65	0.8	-2	-10000	6	-27	0.29	75%	0.35	35.8	1.39%	0	0.5	48	0
5	Jun_21_2016	118.33	134.86	134.31	134.08			135.12(0.55%)	DP	OpenShort	-65	0.7	-7	-10000	3	-36	0.19	75%	0.31	37.3	1.39%	0	0.2	49	0

6	Jun_20_2016	117.96	134.69	134.55	133.8			134.38(1%)	DP	OpenShort	-65	0.3	-6	-10000	4	-35	0.22	75%	0.32	37.9	1.39%	0	-0.2	46	0
7	Jun_17_2016	117.58	134.64	134.84	133.46			133.05(-1.27%)	DT	OpenShort	-75	-0.2	-10	-10000	-1	-35	0.23	75%	0.32	48.4	1.39%	0	-0.9	48	0
8	Jun_16_2016	117.21	134.57	135.06	133.57			134.76(1.26%)	DP	OpenShort	-75	0.6	-11	-10000	-4	-33	0.28	75%	0.33	56.2	1.38%	0	0.1	53	0
9	Jun_15_2016	116.82	134.43	135.2	133.96			133.09(-0.48%)	DT	OpenShort	-75	-0.5	-10	-10000	-7	-19	0.3	75%	0.31	66.7	1.38%	0	-0.7	52	0
10	Jun_14_2016	116.46	134.31	135.48	134.6			133.74(0.8%)	DP	OpenShort	-75	-0.4	-8	-10000	-9	-4	0.19	75%	0.29	73.6	1.39%	0	-0.3	51	0

11	Jun_13_2016	116.12	134.06	135.71	135.44			132.67(-0.69%)	N/A	N/A	0	-1.1	-2	-10000	-10	24	0.29	75%	0.28	75.5	1.39%	0	-0.6	58	0
12	Jun_10_2016	115.79	133.82	135.93	136.41			133.59(-2.31%)	UD	OpenLong	65	-1	10	-10000	-3	48	0.27	75%	0.33	74.1	1.4%	0	-0.1	53	0
13	Jun_9_2016	115.41	133.53	136.04	136.7			136.74(0.34%)	UT	OpenLong	75	0	17	-10000	1	66	0.25	86%	0.37	74.6	1.38%	0	1	68	0
14	Jun_8_2016	114.99	133.15	135.72	136.61			136.28(-1.18%)	UD	OpenLong	75	-0.1	18	-10000	1	69	0.59	86%	0.36	81.4	1.4%	0	1	64	0
15	Jun_7_2016	114.58	132.75	135.49	136.48			137.9(0.26%)	UT	OpenLong	75	0.4	24	-10000	5	82	0.57	86%	0.21	84.9	1.4%	0	1.5	73	0

16	Jun_6_2016	114.34	132.19	134.84	136.05			137.55(1.86%)	UT	HoldLong	65	0.4	27	-10000	7	86	0.48	86%	0.38	82.7	1.41%	0	1.6	76	0
17	Jun_3_2016	113.91	131.67	134.39	135.42			135.04(-0.91%)	UD	OpenLong	75	-0.1	25	-10000	2	93	0.34	84%	0.28	85.8	1.41%	0	1	75	0
18	Jun_2_2016	113.59	131.15	134.02	135.27			136.28(0.48%)	UT	HoldLong	65	0.3	31	-10000	6	107	0.48	84%	0.33	80.1	1.4%	0	1.5	77	0
19	Jun_1_2016	113.22	130.53	133.56	134.68			135.63(-0.12%)	UD	OpenLong	75	0.3	30	-10000	4	106	0.39	87%	0.29	71.8	1.4%	0	1.4	68	0
20	May_31_2016	112.89	129.98	133.02	134.33			135.78(1.05%)	UT	OpenLong	75	0.4	34	-10000	9	108	0.33	84%	0.45	69.9	1.42%	0	1.6	70	0

21	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
22	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
23	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
24	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
25	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%		50.2	1.75%	0	1.3	68	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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