Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Oct. 29, 2014

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

(MercadoLibre Inc)
MELI latest price $112.4702 (-1.55%) ($110.9773 - $114.6848) on Wed. Oct. 29, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.46% (three month average)
RSI   52
Latest Price   $112.4702(-1.55%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.3% 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   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%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -1.23% 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   -1.23% (StdDev 2.46%)
Hourly BBV 0 ()
Intraday Trend -1.4%

5 Day Moving Average   $110.45(1.83%)
10 Day Moving Average   $108.24(3.91%)
20 Day Moving Average   $108.57(3.59%)
To recent high   -3.1%
To recent low   25.3%
Market Cap   $5.591b

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 2.59% (three month std-dev: 2.46%) 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

> 20141129

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_29_2014	102.03	108.57	108.24	110.45			112.47(-1.55%)	UD	OpenLong	75	0.7	18	-10000	10	42	0.79	83%	0.25	17.4	2.46%	0	1.4	52	0
2	Oct_28_2014	101.78	108.39	107.47	109.09			114.24(5.3%)	UT	OpenLong	75	1.9	8	-10000	8	9	0.72	83%	0.27	0	2.45%	0	2.2	50	0
3	Oct_27_2014	101.51	108.02	106.64	108.06			108.49(-2.17%)	N/A	N/A	0	0.2	0	-10000	4	-12	0.5	81%	0.22	-16.1	2.38%	0	0.2	48	0
4	Oct_24_2014	101.29	107.99	106.54	107.51			110.89(4.43%)	N/A	N/A	0	1.4	3	-10000	12	-23	0.79	81%	0.24	-25.5	2.37%	0	1.2	49	0
5	Oct_23_2014	101.05	107.93	106.2	105.95			106.18(0.51%)	DP	OpenShort	-65	0.1	-12	-10000	2	-53	0.38	79%	0.23	-46.5	2.32%	0	-0.8	42	0

6	Oct_22_2014	100.82	108.08	106.57	105.66			105.64(-3.16%)	DP	OpenShort	-65	-0	-14	-10000	1	-57	0.25	79%	0.23	-50	2.32%	0	-1	42	0
7	Oct_21_2014	100.59	108.39	106.57	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-30.1	2.36%	0	-1.5	30	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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