Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Jul. 5, 2016

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

(MercadoLibre Inc)
MELI latest price $139.2516 (0.01%) ($136.1493 - $139.5205) on Tue. Jul. 5, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.71% (three month average)
RSI   58
Latest Price   $139.2516(0.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.9% a day on average for past five trading days.
Weekly Trend   MELI advances 1.6% a week on average for past two weeks.
Market Behavior   Value stocks 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 -0.855% in a week (0% probabilities).
VIXM(-14%)    UUP(-10%)    TLT(-4%)    IPO(-4%)    SHY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.855% (StdDev 1.71%)
Hourly BBV 0 ()
Intraday Trend 0.7%

5 Day Moving Average   $137.82(1.04%)
10 Day Moving Average   $135.69(2.62%)
20 Day Moving Average   $135.14(3.04%)
To recent high   -0.6%
To recent low   19.5%
Market Cap   $6.922b

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 2.42% (three month std-dev: 1.71%) 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

> 20160805

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	Jul_5_2016	122.49	135.14	135.69	137.82			139.25(0.01%)	UT	OpenLong	75	0.4	33	-10000	22	66	0.28	62%	0.4	17.4	1.71%	0	1.3	58	0
2	Jul_1_2016	122	135.02	135.18	135.22			139.24(-0.61%)	UD	OpenLong	75	1.3	18	-10000	14	29	0.31	62%	0.43	-0.4	1.73%	0	1.4	59	0
3	Jun_30_2016	121.48	134.78	134.53	133.64			140.1(1.23%)	UT	OpenLong	75	2.2	3	-10000	3	1	0.42	62%	0.45	-14.5	1.73%	0	1.8	58	0
4	Jun_29_2016	120.94	134.55	133.92	133.28			138.4(4.74%)	N/A	N/A	0	1.9	2	-10000	5	-8	0.43	65%	0.45	-14.2	1.73%	0	1.4	51	0
5	Jun_28_2016	120.4	134.39	133.35	132.75			132.13(4.69%)	DP	OpenShort	-75	-0.2	-11	-10000	-5	-28	0.37	60%	0.4	-17.9	1.67%	0	-0.9	44	0

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		69.9	1.42%	0	1.6	70	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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