Trading Signals: MELI Stock Price Prediction and Forecast

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

Tue. May. 5, 2015

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

(MercadoLibre Inc)
MELI latest price $147.8129 (-2.02%) ($146.7330 - $151.9048) on Tue. May. 5, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.6% (three month average)
RSI   76
Latest Price   $147.8129(-2.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.2% a day on average for past five trading days.
Weekly Trend   MELI advances 5.1% 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%)    XLY(56%)    XLK(55%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -0.8% in a week (0% probabilities).
VIXM(-18%)    UUP(-7%)    TLT(-7%)    SHY(-3%)    JETS(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.8% (StdDev 1.6%)
Hourly BBV 0 ()
Intraday Trend -1.8%

5 Day Moving Average   $145.07(1.89%)
10 Day Moving Average   $141.33(4.59%)
20 Day Moving Average   $136.11(8.6%)
To recent high   -2%
To recent low   23.3%
Market Cap   $7.348b

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 4.94% (three month std-dev: 1.6%) 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

> 20150605

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	May_5_2015	127.48	136.11	141.33	145.07			147.81(-2.02%)	UD	OpenLong	75	0.4	62	-10000	16	198	0.58	53%	0.13	83.6	1.6%	0	1.7	76	0
2	May_4_2015	127.32	134.99	140.09	143.3			150.86(4.76%)	UT	HoldLong	65	1.2	70	-10000	28	196	0.9	55%	0.15	84.1	1.58%	0	2.5	82	0
3	May_1_2015	127.13	133.66	138.17	140.24			144.01(2.12%)	UT	HoldLong	65	0.7	52	-10000	15	162	0.29	54%	0.08	87.8	1.5%	0	1.9	79	0
4	Apr_30_2015	127.03	132.65	136.67	138.68			141.02(-0.45%)	UD	OpenLong	75	0.5	38	-10000	6	132	0.63	48%	0.06	87.1	1.49%	0	1.6	73	0
5	Apr_29_2015	126.96	131.73	135.57	138.02			141.66(1.95%)	UT	HoldLong	65	0.7	38	-10000	9	126	0.46	48%	0.02	87	1.54%	0	1.9	77	0

6	Apr_28_2015	126.93	130.71	134.47	137.04			138.95(2.48%)	UT	HoldLong	65	0.4	35	-10000	6	122	0.73	46%	0.01	84.4	1.53%	0	1.6	77	0
7	Apr_27_2015	126.92	129.79	133.6	136.39			135.59(-0.46%)	UD	OpenLong	75	-0.2	37	-10000	6	129	0.3	42%	-0.01	77.5	1.51%	0	1.1	76	0
8	Apr_24_2015	126.93	129.11	133	135.73			136.21(-1.07%)	UD	OpenLong	75	0.1	46	-10000	15	137	0.32	42%	-0.02	72.3	1.5%	0	1.4	79	0
9	Apr_23_2015	126.95	128.31	132.4	134.25			137.69(0.67%)	UT	HoldLong	65	0.7	44	-10000	15	132	0.28	42%	-0.01	62.9	1.51%	0	1.8	85	0
10	Apr_22_2015	126.96	127.4	131.45	132.7			136.77(0.8%)	UT	HoldLong	65	0.8	40	-10000	12	124	0.36	42%	-0.02	52.3	1.51%	0	1.9	85	0

11	Apr_21_2015	126.98	126.59	130.49	131.54			135.69(2.56%)	UT	HoldLong	65	0.9	39	-10000	11	122	0.41	42%	-0.02	44.6	1.53%	0	2	86	0
12	Apr_20_2015	127.01	125.98	129.48	130.48			132.3(2.72%)	UT	HoldLong	65	0.4	35	-10000	6	122	0.31	39%	-0.06	41.4	1.5%	0	1.6	85	0
13	Apr_17_2015	127.08	125.5	128.77	129.92			128.8(-0.89%)	UD	OpenLong	65	-0.3	28	-10000	-3	121	0.37	34%	0.02	39.1	1.5%	0	0.9	74	0
14	Apr_16_2015	127.06	125.14	128.34	130.24			129.96(-0.78%)	UD	OpenLong	75	-0.1	38	-10000	3	144	0.19	34%	-0.08	36.1	1.5%	0	1.3	82	0
15	Apr_15_2015	127.16	124.87	127.64	129.94			130.98(0.48%)	UT	HoldLong	65	0.3	43	-10000	7	151	0.39	34%	-0.07	35.8	1.52%	0	1.7	86	0

16	Apr_14_2015	127.25	124.59	126.7	129.23			130.35(0.65%)	UT	HoldLong	65	0.3	43	-10000	9	143	0.27	34%	-0.06	37.8	1.53%	0	1.7	78	0
17	Apr_13_2015	127.33	124.32	125.74	128.32			129.5(-0.68%)	UD	OpenLong	75	0.4	37	-10000	9	119	0.21	34%	-0.06	36.2	1.54%	0	1.7	62	0
18	Apr_10_2015	127.41	124.04	124.95	127.44			130.39(1.46%)	UT	OpenLong	75	1	35	-10000	13	102	0.21	34%	-0.03	25.1	1.54%	0	2.3	66	0
19	Apr_9_2015	127.45	123.8	123.9	126.16			128.5(0.86%)	UT	OpenLong	75	0.9	28	-10000	12	77	0.25	34%	-0.05	7	1.54%	0	1.9	67	0
20	Apr_8_2015	127.51	123.6	123.02	125			127.4(1.28%)	UT	OpenLong	75	1.1	21	-10000	13	43	0.32	34%	-0.05	-15.8	1.55%	0	1.7	53	0

21	Apr_7_2015	127.58	123.35	122.36	123.8			125.8(0.55%)	UT	OpenLong	75	1	10	-10000	11	6	0.44	34%	-0.05	-54.1	1.55%	0	1.2	46	0
22	Apr_6_2015	127.65	123.23	122.13	122.75			125.1(0.9%)	N/A	N/A	0	1.2	1	-10000	7	-18	0.38	34%	-0.09	-88.5	1.55%	0	0.9	46	0
23	Apr_2_2015	127.76	123.33	121.9	122.07			123.98(1.03%)	DP	OpenShort	-65	0.7	-3	-10000	8	-34	0.31	34%	-0.08	-77.8	1.56%	0	0.2	48	0
24	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
25	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%		-73.9	1.57%	0	-0.7	41	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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