Trading Signals: MELI Stock Price Prediction and Forecast

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Tue. Aug. 26, 2014

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

(MercadoLibre Inc)
MELI latest price $113.2096 (1.04%) ($111.6795 - $114.0290) on Tue. Aug. 26, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.53% (three month average)
RSI   89
Latest Price   $113.2096(1.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.1% a day on average for past five trading days.
Weekly Trend   MELI advances 5.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(62%)    SPY(55%)    XLK(55%)    XLY(55%)    IWM(52%)
Factors Impacting MELI price   MELI will decline at least -1.265% in a week (0% probabilities).
VIXM(-19%)    UUP(-8%)    TLT(-7%)    SHY(-3%)    IGOV(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.265% (StdDev 2.53%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $112.39(0.73%)
10 Day Moving Average   $111.41(1.62%)
20 Day Moving Average   $104.23(8.62%)
To recent high   0%
To recent low   39.9%
Market Cap   $5.628b

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 9.03% (three month std-dev: 2.53%) 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

> 20140926

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_26_2014	90.37	104.23	111.41	112.39			113.21(1.04%)	UT	HoldLong	65	0.1	32	-10000	1	126	0.65	77%	0.34	63.6	2.53%	0	1	89	0
2	Aug_25_2014	90.06	103.08	110.87	112.26			112.04(-0.04%)	UD	OpenLong	75	-0	43	-10000	3	163	0.26	77%	0.28	64.2	2.55%	0	0.9	89	0
3	Aug_22_2014	89.81	102.01	110.45	111.86			112.09(-0.6%)	UD	OpenLong	75	0	53	-10000	5	198	0.4	79%	0.23	64.4	2.55%	0	1.1	86	0
4	Aug_21_2014	89.6	100.87	109.73	111.13			112.77(0.85%)	UT	HoldLong	65	0.2	59	-10000	4	223	0.48	79%	0.21	64.1	2.58%	0	1.3	88	0
5	Aug_20_2014	89.41	99.74	107.72	110.59			111.82(-0.66%)	UD	OpenLong	75	0.1	58	-10000	2	225	0.34	73%	0.19	66.9	2.58%	0	1.3	85	0

6	Aug_19_2014	89.24	98.57	105.82	110.28			112.56(2.28%)	UT	HoldLong	65	0.3	61	-10000	7	224	0.51	73%	0.22	67.8	2.64%	0	1.5	81	0
7	Aug_18_2014	89.04	97.33	103.73	109.31			110.05(1.46%)	UT	HoldLong	65	0.1	58	-10000	3	222	0.5	73%	0.17	67.9	2.64%	0	1.5	82	0
8	Aug_15_2014	88.89	96.2	101.96	108.85			108.47(-1.45%)	UD	OpenLong	75	-0	62	-10000	6	229	0.59	73%	0.18	69.2	2.64%	0	1.5	79	0
9	Aug_14_2014	88.73	95.15	100.18	108.05			110.07(-0.16%)	UD	OpenLong	75	0.3	80	-10000	27	239	0.32	73%	0.17	68.9	2.63%	0	1.9	83	0
10	Aug_13_2014	88.58	93.9	98.26	104.29			110.25(2.35%)	UT	HoldLong	65	0.8	69	-10000	28	192	0.62	73%	0.23	58.6	2.64%	0	2.3	79	0

11	Aug_12_2014	88.38	92.79	96.43	100.59			107.72(-0.02%)	UD	OpenLong	75	1.2	58	-10000	26	154	0.6	73%	0.18	50.6	2.63%	0	2.5	80	0
12	Aug_11_2014	88.22	91.81	94.55	97.27			107.74(3.11%)	UT	HoldLong	65	2.1	47	-10000	25	113	0.85	73%	0.16	42.7	2.64%	0	3.2	80	0
13	Aug_8_2014	88.08	90.84	92.7	94.14			104.49(14.51%)	UT	HoldLong	65	3	37	-10000	24	76	3.03	71%	0.13	32.5	2.62%	0	3.9	78	0
14	Aug_7_2014	87.97	90	91.07	91.33			91.25(-0.51%)	UD	OpenLong	75	-0.1	11	-10000	-0	42	0.76	61%	-0.05	5.8	1.93%	0	0.8	62	0
15	Aug_6_2014	88.01	89.91	91.01	91.34			91.72(0.62%)	UT	HoldLong	50	0.2	12	-10000	-3	57	0.29	55%	-0.06	-8.2	1.94%	0	1.2	70	0

16	Aug_5_2014	88.06	89.82	90.73	91.57			91.16(-1%)	UD	OpenLong	75	-0.3	17	-10000	3	60	0.28	55%	-0.07	-17.6	2.01%	0	0.9	54	0
17	Aug_4_2014	88.12	89.72	90.46	91.3			92.07(1.82%)	UT	OpenLong	75	0.5	17	-10000	4	54	0.27	55%	-0.05	-35.4	2%	0	1.5	57	0
18	Aug_1_2014	88.16	89.73	90.07	90.97			90.43(-0.97%)	UD	OpenLong	75	-0.3	12	-10000	2	42	0.55	50%	0.03	-42	1.99%	0	0.4	51	0
19	Jul_31_2014	88.13	89.92	89.86	90.75			91.31(-1.69%)	UD	OpenLong	75	0.3	11	-10000	2	36	0.42	50%	0.03	-25.9	2%	0	0.7	56	0
20	Jul_30_2014	88.1	90.03	89.33	90.61			92.88(3.45%)	UT	OpenLong	75	1.1	13	-10000	9	25	0.52	56%	0.06	-13.2	2.06%	0	1.3	59	0

21	Jul_29_2014	88.05	90.09	88.97	89.79			89.78(-0.73%)	UD	OpenLong	75	-0	4	-10000	3	6	0.34	53%	0.02	-13.9	2.15%	0	-0.1	48	0
22	Jul_28_2014	88.03	90.29	88.91	89.49			90.45(1.24%)	UT	OpenLong	75	0.4	4	-10000	5	2	0.29	53%	0.03	-11.2	2.15%	0	0.1	54	0
23	Jul_25_2014	88	90.39	88.85	89.04			89.34(-1.37%)	DP	OpenShort	-65	0.1	-1	-10000	3	-14	0.69	53%	0.01	-10.9	2.15%	0	-0.4	39	0
24	Jul_24_2014	87.99	90.41	88.83	88.8			90.58(2.03%)	N/A	N/A	0	0.7	-0	-10000	10	-31	0.7	56%	0.03	-13.1	2.16%	0	0.1	37	0
25	Jul_23_2014	87.96	90.31	88.69	87.86			88.78(0.51%)	DP	OpenShort	-75	0.4	-18	-10000	-2	-65	0.27	56%		-21.9	2.18%	0	-0.6	33	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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