Trading Signals: MELI Stock Price Prediction and Forecast

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

Thu. Jul. 2, 2015

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

(MercadoLibre Inc)
MELI latest price $137.5243 (-1.94%) ($135.3431 - $140.5085) on Thu. Jul. 2, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.5% (three month average)
RSI   43
Latest Price   $137.5243(-1.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -1.5% a day on average for past five trading days.
Weekly Trend   MELI declines -0.7% 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(63%)    SPY(56%)    XLY(56%)    XLK(55%)    VT(53%)
Factors Impacting MELI price   MELI will decline at least -0.75% in a week (0% probabilities).
VIXM(-18%)    UUP(-7%)    TLT(-7%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.75% (StdDev 1.5%)
Hourly BBV 0 ()
Intraday Trend -1.7%

Resistance Level   $143.2
5 Day Moving Average   $140.93(-2.42%)
10 Day Moving Average   $143.95(-4.46%)
20 Day Moving Average   $143.2(-3.96%)
To recent high   -8.8%
To recent low   10.9%
Market Cap   $6.836b

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 2.13% (three month std-dev: 1.5%) 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

> 20150802

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	Jul_2_2015	135.64	143.2	143.95	140.93			137.52(-1.94%)	DT	OpenShort	-75	-1.1	-24	-10000	-20	-36	0.44	59%	0.09	-15.5	1.5%	0	-1.9	43	0
2	Jul_1_2015	135.52	143.46	144.68	143.08			140.25(-0.17%)	N/A	N/A	0	-1	-8	-10000	-14	9	0.36	62%	0.1	-0.5	1.48%	0	-1.1	53	0
3	Jun_30_2015	135.39	143.58	144.94	144.58			140.49(0.4%)	N/A	N/A	0	-1.5	-6	-10000	-17	27	0.31	62%	0.13	9.9	1.48%	0	-1.1	45	0
4	Jun_29_2015	135.22	143.67	145.19	146.4			139.92(-4.47%)	UD	OpenLong	65	-2.4	8	-10000	-10	60	0.23	62%	0.11	24.7	1.48%	0	-1.4	49	0
5	Jun_26_2015	135.07	143.81	145.38	147.49			146.47(-1.21%)	UD	OpenLong	75	-0.4	23	-10000	1	88	0.17	70%	0.14	31.6	1.37%	0	1	61	0

6	Jun_25_2015	134.88	143.66	144.98	147.36			148.26(0.34%)	UT	OpenLong	75	0.4	28	-10000	8	89	0.14	70%	0.16	24.3	1.35%	0	1.8	58	0
7	Jun_24_2015	134.66	143.47	144.17	146.53			147.76(-1.23%)	UD	OpenLong	75	0.5	27	-10000	12	72	0.16	66%	0.15	15	1.36%	0	1.9	60	0
8	Jun_23_2015	134.46	143.3	143.75	145.38			149.6(2.91%)	UT	OpenLong	75	2	26	-10000	15	59	0.42	66%	0.19	3.4	1.39%	0	3	63	0
9	Jun_22_2015	134.2	143	142.93	143.89			145.37(-0.3%)	UD	OpenLong	75	0.9	16	-10000	10	34	0.17	63%	0.17	-27.7	1.35%	0	1.5	58	0
10	Jun_19_2015	133.97	143.01	142.52	142.95			145.8(1.17%)	UT	OpenLong	75	1.7	9	-10000	7	14	0.24	58%	0.15	-39.3	1.36%	0	1.7	57	0

11	Jun_18_2015	133.77	143.06	142.25	142.26			144.12(1.49%)	UT	OpenLong	75	1	7	-10000	8	2	0.15	58%	0.14	-41.1	1.4%	0	0.6	50	0
12	Jun_17_2015	133.58	143.12	142.01	141.46			142(-0.14%)	DT	OpenShort	-75	0.3	-9	-10000	-4	-25	0.15	56%	0.12	-45.9	1.4%	0	-0.6	41	0
13	Jun_16_2015	133.42	143.24	142.02	141.88			142.19(1.09%)	DP	OpenShort	-65	0.2	-5	-10000	1	-24	0.25	56%	0.12	-40.3	1.4%	0	-0.5	42	0
14	Jun_15_2015	133.26	143.44	141.98	141.83			140.66(-1.18%)	DT	OpenShort	-75	-0.6	-9	-10000	-1	-34	0.17	56%	0.11	-36.2	1.4%	0	-1.4	40	0
15	Jun_12_2015	133.11	143.67	142.16	141.97			142.33(1.58%)	DP	OpenShort	-75	0.2	-13	-10000	-3	-42	0.24	54%	0.14	-36.6	1.41%	0	-0.7	39	0

16	Jun_11_2015	132.92	143.83	142.29	142.23			140.12(-2.76%)	DT	OpenShort	-75	-1.1	-16	-10000	-4	-50	0.55	54%	0.14	-29.9	1.41%	0	-1.9	29	0
17	Jun_10_2015	132.74	144.01	142.79	142.6			144.11(1.53%)	DP	OpenShort	-65	0.9	-8	-10000	4	-44	0.32	59%	0.18	-37.5	1.38%	0	0.1	44	0
18	Jun_9_2015	132.5	144.02	142.85	142.2			141.94(0.41%)	DT	HoldShort	-50	-0.2	-12	-10000	1	-51	0.21	52%	0.07	-52.5	1.37%	0	-1.2	44	0
19	Jun_8_2015	132.41	144.17	143.09	142.15			141.36(-1.56%)	DT	OpenShort	-75	-0.5	-16	-10000	-2	-57	0.17	52%	0.18	-71.6	1.44%	0	-1.7	36	0
20	Jun_5_2015	132.17	144.38	143.56	142.35			143.6(1.15%)	DP	OpenShort	-75	0.8	-13	-10000	-0	-51	0.23	51%	0.22	-71	1.45%	0	-0.5	46	0

21	Jun_4_2015	131.88	144.4	143.92	142.39			141.97(-0.13%)	DT	OpenShort	-75	-0.3	-17	-10000	-6	-48	0.23	48%	0.19	-63.6	1.45%	0	-1.6	40	0
22	Jun_3_2015	131.63	144.66	144.31	143.03			142.15(0.32%)	DP	OpenShort	-75	-0.6	-12	-10000	-5	-32	0.32	48%	0.18	-37.7	1.47%	0	-1.6	49	0
23	Jun_2_2015	131.39	144.94	144.54	143.61			141.69(-0.47%)	DT	OpenShort	-75	-1.2	-10	-10000	-5	-24	0.3	51%	0.18	-1.9	1.47%	0	-2.1	45	0
24	Jun_1_2015	131.15	145.38	145.04	144.15			142.35(-1%)	DT	OpenShort	-75	-1	-8	-10000	-7	-12	0.37	51%	0.17	44.1	1.48%	0	-1.6	45	0
25	May_29_2015	130.93	145.49	145.35	144.91			143.79(-0.94%)	DT	OpenShort	-75	-0.6	-6	-10000	-7	-1	0.24	51%		80	1.49%	0	-1	46	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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