Trading Signals: MELI Stock Price Prediction and Forecast

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

Tue. Oct. 21, 2014

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

(MercadoLibre Inc)
MELI latest price $109.0890 (3.16%) ($106.2219 - $109.1978) on Tue. Oct. 21, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.28% (three month average)
RSI   49
Latest Price   $109.0890(3.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.4% a day on average for past five trading days.
Weekly Trend   MELI declines -2.1% 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 -1.14% 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   -1.14% (StdDev 2.28%)
Hourly BBV 0 ()
Intraday Trend 2.5%

1 - 5 Day Possible Target   $102.39(-6.14%)
5 Day Moving Average   $105.52(3.38%)
10 Day Moving Average   $107.21(1.75%)
20 Day Moving Average   $108.39(0.64%)
To recent high   -6%
To recent low   23.7%
Market Cap   $5.423b

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 2.17% (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

> 20141121

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	Oct_21_2014	100.59	108.39		105.52			109.09(3.16%)	DP	OpenShort	-65	1.5	-10	-10000	4	-53	0.38	86%	0.26	-53.9	2.28%	0	0.3	49	0
2	Oct_20_2014	100.33	108.4	107.21	105.07			105.75(2.58%)	DP	OpenShort	-75	0.3	-17	-10000	-3	-60	0.4	84%	0.22	-64.5	2.25%	0	-1.1	47	0
3	Oct_17_2014	100.11	108.6	107.7	105.48			103.09(-1.58%)	DT	OpenShort	-75	-1	-19	-10000	-8	-51	0.51	74%	0.17	-64	2.25%	0	-2.4	39	0
4	Oct_16_2014	99.94	109.02	108.45	106.49			104.74(-0.21%)	DT	OpenShort	-75	-0.9	-16	-10000	-9	-37	0.82	74%	0.25	-67.8	2.31%	0	-2.2	37	0
5	Oct_15_2014	99.69	109.31	109	107.6			104.96(-1.73%)	DT	OpenShort	-75	-1.5	-15	-10000	-12	-23	1.04	74%	0.22	-64	2.31%	0	-2.4	41	0

6	Oct_14_2014	99.47	109.68	109.49	109.1			106.81(-0.94%)	DT	OpenShort	-75	-1.5	-4	-10000	-4	-5	0.46	74%	0.07	-58.2	2.3%	0	-1.9	37	0
7	Oct_13_2014	99.4	109.94	109.61	109.65			107.81(-0.29%)	DT	OpenShort	-75	-1.3	-5	-10000	-5	-3	0.45	74%	0.26	-67.2	2.3%	0	-1.5	47	0
8	Oct_10_2014	99.14	110.1	109.66	110.26			108.13(-1.98%)	N/A	N/A	0	-1.4	-2	-10000	-3	3	0.91	74%	0.25	-67.4	2.3%	0	-1.3	48	0
9	Oct_9_2014	98.89	110.36	109.87	110.68			110.31(-1.91%)	UD	OpenLong	75	-0.2	3	-10000	1	8	0.61	74%	0.32	-68.1	2.29%	0	-0	48	0
10	Oct_8_2014	98.57	110.47	109.76	110.59			112.46(2.65%)	UT	OpenLong	75	1	5	-10000	5	6	0.63	67%	0.34	-64.1	2.27%	0	1.1	55	0

11	Oct_7_2014	98.24	110.58	109.76	109.99			109.55(-1.16%)	N/A	N/A	0	-0.2	2	-10000	3	-3	0.51	64%	0.29	-63.9	2.32%	0	-0.5	43	0
12	Oct_6_2014	97.96	110.89	109.65	109.56			110.84(0.53%)	N/A	N/A	0	0.5	1	-10000	5	-13	0.34	64%	0.28	-59.9	2.33%	0	-0	46	0
13	Oct_3_2014	97.69	111.11	109.5	108.98			110.26(0.4%)	DP	OpenShort	-75	0.5	-7	-10000	0	-26	0.5	64%	0.28	-57.8	2.35%	0	-0.3	48	0
14	Oct_2_2014	97.42	111.38	109.55	108.94			109.82(0.33%)	DP	OpenShort	-65	0.3	-7	-10000	1	-31	0.93	64%	0.27	-51.7	2.35%	0	-0.6	40	0
15	Oct_1_2014	97.16	111.67	109.58	108.82			109.46(1.91%)	DP	OpenShort	-75	0.2	-13	-10000	-4	-40	0.7	64%	0.26	-47	2.35%	0	-0.8	41	0

16	Sep_30_2014	96.91	111.98	109.82	109.32			107.42(-0.5%)	DT	OpenShort	-75	-0.7	-13	-10000	-3	-42	0.45	64%	0.23	-39.4	2.34%	0	-1.7	30	0
17	Sep_29_2014	96.69	112.32	110.28	109.73			107.96(-1.9%)	DT	OpenShort	-75	-0.7	-13	-10000	-2	-45	0.48	64%	0.26	-34.5	2.34%	0	-1.7	29	0
18	Sep_26_2014	96.44	112.61	110.6	110.03			110.06(0.78%)	DP	OpenShort	-75	0	-14	-10000	-1	-51	0.36	67%	0.3	-31.9	2.36%	0	-1.1	34	0
19	Sep_25_2014	96.15	112.78	110.91	110.22			109.2(-2.44%)	DT	OpenShort	-75	-0.4	-15	-10000	-2	-55	0.62	67%	0.28	-30.1	2.36%	0	-1.5	30	0
20	Sep_24_2014	95.88	113	111.27	110.42			111.94(2.23%)	DP	OpenShort	-75	0.7	-15	-10000	-0	-59	0.37	71%	0.3	-27.7	2.36%	0	-0.5	36	0

21	Sep_23_2014	95.59	113.07	111.58	110.45			109.5(0.04%)	DP	OpenShort	-75	-0.4	-19	-10000	-4	-62	0.54	71%	0.23	-26.3	2.35%	0	-1.7	25	0
22	Sep_22_2014	95.37	113.22	112.22	110.95			109.46(-1.4%)	DT	OpenShort	-75	-0.7	-15	-10000	-2	-52	0.49	71%	0.23	-16.9	2.36%	0	-1.9	37	0
23	Sep_19_2014	95.15	113.38	112.86	111.24			111.02(0.73%)	DP	OpenShort	-75	-0.1	-15	-10000	-4	-46	0.36	71%	0.25	-5.6	2.35%	0	-1.3	43	0
24	Sep_18_2014	94.91	113.49	113.35	111.71			110.21(-1.66%)	DT	OpenShort	-75	-0.9	-12	-10000	-4	-35	0.48	71%	0.2	8.5	2.36%	0	-1.9	41	0
25	Sep_17_2014	94.72	113.6	113.92	112.21			112.07(0.08%)	DP	OpenShort	-75	-0.1	-10	-10000	-5	-24	0.2	71%		22.4	2.35%	0	-0.9	48	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

Click to see actual return for next trading day.