Trading Signals: MELI Stock Price Prediction and Forecast

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Fri. Aug. 5, 2016

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

(MercadoLibre Inc)
MELI latest price $172.2768 (13.62%) ($154.3699 - $173.5665) on Fri. Aug. 5, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.28% (three month average)
RSI   85
Latest Price   $172.2768(13.62%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 2.6% a day on average for past five trading days.
Weekly Trend   MELI advances 1.7% 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(60%)    SKYY(60%)    ARKK(59%)
Factors Impacting MELI price   MELI will decline at least -1.14% in a week (0% probabilities).
VIXM(-14%)    UUP(-10%)    IBUY(-5%)    TLT(-4%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.14% (StdDev 2.28%)
Hourly BBV 0 ()
Intraday Trend 10.6%

5 Day Moving Average   $155.56(10.75%)
10 Day Moving Average   $153.63(12.14%)
20 Day Moving Average   $151.81(13.48%)
To recent high   0%
To recent low   38.7%
Market Cap   $8.564b

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 3.33% (three month std-dev: 2.28%) 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

> 20160905

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	Aug_5_2016	133.06	151.81	153.63	155.56			172.28(13.62%)	UT	HoldLong	65	3.3	31	-10000	23	53	1.37	76%	0.45	71.8	2.28%	0	4	85	0
2	Aug_4_2016	132.47	150.39	151.53	151.59			151.63(0.64%)	UT	OpenLong	75	0	5	-10000	0	21	0.66	67%	0.3	107.6	1.57%	0	0.5	66	0
3	Aug_3_2016	132.08	149.95	151.63	151.54			150.67(-0.15%)	UD	OpenLong	75	-0.3	8	-10000	-0	30	0.14	67%	0.3	86.8	1.58%	0	0.2	60	0
4	Aug_2_2016	131.69	149.43	151.75	151.57			150.88(-0.95%)	UD	OpenLong	75	-0.2	10	-10000	0	39	0.31	67%	0.29	83.3	1.58%	0	0.4	60	0
5	Aug_1_2016	131.31	148.89	151.52	151.55			152.33(-0.08%)	UD	OpenLong	75	0.2	10	-10000	2	35	0.27	67%	0.29	97.5	1.58%	0	0.8	56	0

6	Jul_29_2016	130.93	148.26	151.13	151.27			152.46(0.72%)	UT	HoldLong	50	0.3	6	-10000	-2	29	0.14	67%	0.31	96.7	1.59%	0	0.9	63	0
7	Jul_28_2016	130.53	147.66	150.69	151.5			151.37(0.39%)	UD	OpenLong	65	-0	8	-10000	-2	38	0.19	67%	0.32	97.2	1.59%	0	0.8	69	0
8	Jul_27_2016	130.11	147.04	150.42	151.78			150.78(-0.01%)	UD	OpenLong	65	-0.2	13	-10000	-2	57	0.2	67%	0.34	96.4	1.61%	0	0.8	74	0
9	Jul_26_2016	129.67	146.16	150.22	151.97			150.79(-0.09%)	UD	OpenLong	75	-0.2	25	-10000	4	86	0.24	67%	0.32	82.1	1.61%	0	0.8	78	0
10	Jul_25_2016	129.26	145	150.18	151.44			150.92(-1.75%)	UD	OpenLong	75	-0.1	30	-10000	4	107	0.23	67%	0.34	60.5	1.61%	0	0.8	78	0

11	Jul_22_2016	128.82	144.06	149.94	150.89			153.61(0.54%)	UT	HoldLong	65	0.4	39	-10000	10	126	0.51	70%	0.38	54.7	1.6%	0	1.3	86	0
12	Jul_21_2016	128.33	143.26	149.14	149.74			152.79(0.68%)	UT	HoldLong	65	0.4	37	-10000	7	125	0.42	66%	0.38	55.1	1.6%	0	1.3	82	0
13	Jul_20_2016	127.85	142.39	148.11	148.91			151.75(2.45%)	UT	HoldLong	65	0.4	34	-10000	5	122	0.41	66%	0.38	55.7	1.64%	0	1.3	83	0
14	Jul_19_2016	127.36	141.54	146.89	148.29			148.12(-0.05%)	UD	OpenLong	65	-0	30	-10000	-4	131	0.17	64%	0.38	56.4	1.62%	0	1	86	0
15	Jul_18_2016	126.88	140.85	146.06	148.76			148.2(0.22%)	UT	HoldLong	65	-0.1	44	-10000	-0	174	0.27	64%	0.41	60.7	1.64%	0	1.1	90	0

16	Jul_15_2016	126.36	140.08	145.2	148.81			147.87(-0.5%)	UD	OpenLong	75	-0.1	53	-10000	4	199	0.49	64%	0.37	61.9	1.66%	0	1.2	74	0
17	Jul_14_2016	125.89	139.41	144.44	148.37			148.61(-0.03%)	UD	OpenLong	75	0	59	-10000	10	205	0.32	64%	0.37	60.9	1.66%	0	1.4	61	0
18	Jul_13_2016	125.42	138.61	143.42	147.11			148.66(-1.21%)	UD	OpenLong	75	0.3	62	-10000	16	200	0.22	68%	0.42	55.7	1.66%	0	1.6	64	0
19	Jul_12_2016	124.9	137.82	141.81	145.2			150.49(1.38%)	UT	OpenLong	75	0.9	55	-10000	18	164	0.54	68%	0.42	47.5	1.73%	0	2.2	66	0
20	Jul_11_2016	124.38	136.88	139.43	142.95			148.44(1.94%)	UT	OpenLong	75	1.1	40	-10000	15	115	0.34	68%	0.4	37.5	1.74%	0	2.3	66	0

21	Jul_8_2016	123.88	136.09	137.68	141.11			145.63(2.31%)	UT	OpenLong	75	1.1	28	-10000	9	85	0.31	66%	0.39	30.8	1.73%	0	2.2	65	0
22	Jul_7_2016	123.4	135.58	136.84	140.01			142.34(2.32%)	UT	OpenLong	75	0.6	25	-10000	7	79	0.28	64%	0.37	28.4	1.71%	0	1.8	59	0
23	Jul_6_2016	122.94	135.24	136.12	139.22			139.11(-0.1%)	UD	OpenLong	75	-0	29	-10000	12	78	0.17	62%	0.37	25.6	1.7%	0	1.2	59	0
24	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
25	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%		-0.4	1.73%	0	1.4	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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