Trading Signals: MELI Stock Price Prediction and Forecast

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

Wed. Apr. 1, 2015

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

(MercadoLibre Inc)
MELI latest price $122.7167 (1.09%) ($120.4776 - $122.9941) on Wed. Apr. 1, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.56% (three month average)
RSI   40
Latest Price   $122.7167(1.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 0.5% a day on average for past five trading days.
Weekly Trend   MELI declines -1.7% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(63%)    SPY(56%)    XLK(55%)    XLY(55%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -0.78% in a week (0% probabilities).
VIXM(-18%)    UUP(-7%)    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   -0.78% (StdDev 1.56%)
Hourly BBV 0 ()
Intraday Trend 0.8%

1 - 5 Day Possible Target   $117.38(-4.35%)
Resistance Level   $123.63
5 Day Moving Average   $121.31(1.16%)
10 Day Moving Average   $121.65(0.88%)
20 Day Moving Average   $123.63(-0.74%)
To recent high   -7.6%
To recent low   6.1%
Market Cap   $6.1b

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 2.41% (three month std-dev: 1.56%) 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

> 20150501

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	Apr_1_2015	127.86	123.63	121.65	121.31			122.72(1.09%)	DP	OpenShort	-65	0.5	-11	-10000	6	-62	0.39	34%	-0.09	-75.9	1.56%	0	-0.3	40	0
2	Mar_31_2015	127.98	123.96	121.83	120.75			121.39(0.7%)	DP	OpenShort	-65	0.2	-18	-10000	1	-75	0.32	34%	-0.11	-73.9	1.57%	0	-0.7	41	0
3	Mar_30_2015	128.12	124.49	122.29	120.69			120.55(-0.96%)	DT	OpenShort	-75	-0	-24	-10000	-8	-71	0.33	34%	-0.1	-68	1.57%	0	-1.1	47	0
4	Mar_27_2015	128.25	125.05	122.81	121.41			121.72(1.27%)	DP	OpenShort	-75	0.1	-16	-10000	-3	-53	0.29	34%	-0.09	-62	1.56%	0	-0.9	46	0
5	Mar_26_2015	128.37	125.44	123.08	121.74			120.19(0.25%)	DP	OpenShort	-75	-0.4	-17	-10000	-3	-58	0.32	34%	-0.12	-60.3	1.56%	0	-1.4	35	0

6	Mar_25_2015	128.52	125.93	123.73	122.03			119.89(-1.01%)	DT	OpenShort	-75	-0.6	-25	-10000	-11	-67	0.37	34%	-0.15	-57.3	1.57%	0	-1.6	31	0
7	Mar_24_2015	128.71	126.58	124.29	123.06			121.11(-2.46%)	DT	OpenShort	-75	-0.5	-24	-10000	-11	-64	0.27	34%	-0.11	-50.9	1.58%	0	-1.5	34	0
8	Mar_23_2015	128.85	127.09	124.51	124.11			124.17(0.67%)	DP	OpenShort	-75	0	-20	-10000	-3	-71	0.51	36%	-0.09	-45.4	1.56%	0	-0.9	34	0
9	Mar_20_2015	128.96	127.4	124.48	124.44			123.34(1.37%)	DP	OpenShort	-75	-0.3	-24	-10000	-2	-89	0.31	36%	0.08	-41.5	1.55%	0	-1.2	33	0
10	Mar_19_2015	128.86	127.72	124.91	124.66			121.67(-2.67%)	DT	OpenShort	-75	-0.9	-31	-10000	-10	-95	0.42	36%	0.08	-43.3	1.55%	0	-1.9	36	0

11	Mar_18_2015	128.76	128.13	125.8	125.65			125.01(-1.08%)	DT	OpenShort	-75	-0.2	-19	-10000	-0	-76	0.73	39%	0.09	-34.8	1.51%	0	-1	41	0
12	Mar_17_2015	128.65	128.44	126.26	125.69			126.37(0.45%)	DP	OpenShort	-65	0.2	-14	-10000	8	-81	0.56	39%	0.14	-29.1	1.51%	0	-0.7	37	0
13	Mar_16_2015	128.47	128.65	126.82	124.95			125.81(1.1%)	DP	OpenShort	-65	0.3	-20	-10000	4	-92	0.4	34%	0.12	-26.6	1.52%	0	-1	40	0
14	Mar_13_2015	128.31	128.82	127.4	124.54			124.44(-1.7%)	DT	OpenShort	-75	-0	-29	-10000	-7	-93	0.67	34%	0.15	-25.6	1.65%	0	-1.5	40	0
15	Mar_12_2015	128.12	129.14	127.93	125.23			126.6(1.09%)	DP	OpenShort	-75	0.5	-27	-10000	-8	-84	0.56	35%	0.17	-16.3	1.65%	0	-0.9	45	0

16	Mar_11_2015	127.9	129.17	128.25	126.04			125.24(2.1%)	DP	OpenShort	-75	-0.3	-25	-10000	-9	-72	0.62	35%	0.13	-8.1	1.65%	0	-1.5	43	0
17	Mar_10_2015	127.73	129.29	129	126.99			122.66(-0.87%)	DT	OpenShort	-75	-1.7	-29	-10000	-19	-60	0.62	28%	0.13	0.5	1.62%	0	-2.6	33	0
18	Mar_9_2015	127.56	129.44	129.91	128.97			123.74(-3.25%)	DT	OpenShort	-75	-2.2	-18	-10000	-15	-26	0.97	28%	0.17	23.8	1.68%	0	-2.4	37	0
19	Mar_6_2015	127.34	129.55	130.63	130.61			127.9(-2.12%)	N/A	N/A	0	-1.2	-0	-10000	-3	8	0.66	31%	0.19	50	1.62%	0	-0.7	50	0
20	Mar_5_2015	127.1	129.59	130.85	130.96			130.67(0.53%)	UT	OpenLong	75	-0.1	5	-10000	2	13	0.49	33%	0.21	59.2	1.62%	0	0.5	50	0

21	Mar_4_2015	126.83	129.39	130.72	130.77			129.98(-1.94%)	N/A	N/A	0	-0.3	0	-10000	-5	15	0.57	33%	0.19	58.6	1.62%	0	0.3	60	0
22	Mar_3_2015	126.59	129.28	130.85	131.34			132.55(0.45%)	UT	OpenLong	75	0.5	12	-10000	3	39	0.44	35%	0.21	67.6	1.6%	0	1.4	64	0
23	Mar_2_2015	126.33	128.87	130.63	131.06			131.96(1.78%)	UT	OpenLong	75	0.4	15	-10000	3	51	0.56	35%	0.19	58.9	1.6%	0	1.3	68	0
24	Feb_27_2015	126.09	128.42	130.31	130.72			129.65(-0.03%)	UD	OpenLong	75	-0.4	15	-10000	0	58	1.45	31%	0.17	45.4	1.56%	0	0.5	63	0
25	Feb_26_2015	125.88	128.26	130.41	130.71			129.69(-2.39%)	UD	OpenLong	75	-0.4	17	-10000	1	65	1.02	31%		48.8	1.57%	0	0.5	53	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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