Trading Signals: MELI Stock Price Prediction and Forecast

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Mon. Dec. 28, 2015

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

(MercadoLibre Inc)
MELI latest price $113.1424 (-0.09%) ($110.8595 - $113.7459) on Mon. Dec. 28, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.22% (three month average)
RSI   38
Latest Price   $113.1424(-0.09%)
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 -1.9% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MELI advance at 0% a week (0% probability)
QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)    ARKK(59%)
Factors Impacting MELI price   MELI will decline at least -1.11% in a week (0% probabilities).
VIXM(-16%)    UUP(-10%)    TLT(-5%)    SHY(-2%)    IGOV(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.11% (StdDev 2.22%)
Hourly BBV 0 ()
Intraday Trend -0.3%

1 - 5 Day Possible Target   $107.66(-4.85%)
Resistance Level   $116.25
5 Day Moving Average   $112.43(0.63%)
10 Day Moving Average   $113.37(-0.2%)
20 Day Moving Average   $116.25(-2.67%)
To recent high   -9.7%
To recent low   31.5%
Market Cap   $5.624b

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 3.53% (three month std-dev: 2.22%) 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

> 20160128

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	Dec_28_2015	107.85	116.25	113.37	112.43			113.14(-0.09%)	DP	OpenShort	-65	0.2	-9	-10000	4	-48	0.34	70%	-0.18	-66	2.22%	0	-0.8	38	0
2	Dec_24_2015	108.04	116.78	113.39	111.95			113.24(0.28%)	DP	OpenShort	-75	0.3	-18	-10000	-0	-73	0.11	70%	-0.17	-61.6	2.23%	0	-0.8	35	0
3	Dec_23_2015	108.22	117.36	113.76	111.98			112.92(1.79%)	DP	OpenShort	-75	0.2	-23	-10000	-4	-80	0.25	66%	-0.14	-53.7	2.23%	0	-1	37	0
4	Dec_22_2015	108.37	117.88	114.05	112.54			110.94(-0.85%)	DT	OpenShort	-75	-0.3	-30	-10000	-10	-91	0.32	62%	-0.15	-46.7	2.26%	0	-1.5	28	0
5	Dec_21_2015	108.53	118.57	114.81	113.87			111.89(1.05%)	DP	OpenShort	-75	-0.4	-25	-10000	-5	-85	0.32	62%	-0.17	-35.2	2.3%	0	-1.5	28	0

6	Dec_18_2015	108.71	119.03	115.51	114.46			110.73(-2.36%)	DT	OpenShort	-75	-0.9	-24	-10000	-4	-85	0.45	57%	-0.17	-30.6	2.3%	0	-2	32	0
7	Dec_17_2015	108.9	119.52	116.54	114.97			113.41(-2.01%)	DT	OpenShort	-75	-0.4	-26	-10000	-6	-85	0.57	55%	-0.18	-31.1	2.37%	0	-1.6	32	0
8	Dec_16_2015	109.1	119.89	117.18	115.75			115.73(-1.55%)	DT	OpenShort	-75	-0	-21	-10000	-0	-83	0.43	55%	-0.11	-26.3	2.41%	0	-1.2	33	0
9	Dec_15_2015	109.22	120.1	117.92	115.78			117.56(2.34%)	DP	OpenShort	-75	0.5	-23	-10000	-2	-85	0.41	55%	-0.09	-26.7	2.4%	0	-0.8	39	0
10	Dec_14_2015	109.32	120.17	118.57	116			114.87(1.42%)	DP	OpenShort	-75	-0.3	-26	-10000	-6	-85	0.42	55%	-0.15	-23.6	2.4%	0	-1.6	32	0

11	Dec_11_2015	109.48	120.34	119.33	116.8			113.26(-3.48%)	DT	OpenShort	-75	-1.1	-28	-10000	-11	-77	0.62	55%	-0.17	-18.8	2.39%	0	-2.3	40	0
12	Dec_10_2015	109.67	120.7	120.45	118.33			117.34(1.26%)	DP	OpenShort	-75	-0.4	-15	-10000	-3	-50	0.41	59%	-0.15	0.4	2.36%	0	-1.2	48	0
13	Dec_9_2015	109.83	120.81	121.23	118.81			115.88(-2.32%)	DT	OpenShort	-75	-1.1	-18	-10000	-11	-39	0.36	59%	-0.16	27.8	2.36%	0	-1.9	44	0
14	Dec_8_2015	110.01	120.99	122.04	120.35			118.63(-0.23%)	DT	OpenShort	-75	-0.7	-9	-10000	-8	-13	0.31	59%	-0.15	77.9	2.35%	0	-1	51	0
15	Dec_7_2015	110.18	120.96	122.64	121.55			118.91(-1.63%)	N/A	N/A	0	-1.1	-0	-10000	-5	14	0.33	59%	-0.15	119.3	2.35%	0	-0.8	54	0

16	Dec_4_2015	110.35	120.93	122.86	122.23			120.87(0.94%)	UD	OpenLong	65	-0.5	3	-10000	-5	28	0.36	55%	-0.13	164	2.36%	0	-0	61	0
17	Dec_3_2015	110.49	120.69	122.79	122.9			119.75(-3.11%)	UD	OpenLong	65	-1.1	4	-10000	-7	35	0.5	55%	-0.14	195.7	2.41%	0	-0.3	52	0
18	Dec_2_2015	110.64	120.09	122.89	124			123.59(-0.83%)	UD	OpenLong	75	-0.1	14	-10000	0	55	0.31	58%	-0.1	150.9	2.38%	0	0.8	62	0
19	Dec_1_2015	110.75	119.15	122.49	123.98			124.63(1.88%)	UT	OpenLong	75	0.1	14	-10000	0	57	0.39	58%	-0.08	124.6	2.38%	0	1	65	0
20	Nov_30_2015	110.84	118.04	121.9	123.94			122.32(-1.52%)	UD	OpenLong	75	-0.3	18	-10000	3	62	0.62	56%	-0.12	107.5	2.39%	0	0.7	65	0

21	Nov_27_2015	110.97	116.88	121.43	123.56			124.21(-0.83%)	UD	OpenLong	75	0.1	19	-10000	6	59	0.13	60%	-0.23	89.2	2.38%	0	1	68	0
22	Nov_25_2015	111.23	115.47	120.95	122.65			125.25(1.45%)	UT	HoldLong	65	0.3	19	-10000	7	55	0.31	61%	-0.07	69.3	2.51%	0	1	76	0
23	Nov_24_2015	111.31	114.07	120.28	121.61			123.47(-0.77%)	UD	OpenLong	75	0.2	21	-10000	5	67	0.53	59%	-0.11	65.4	2.52%	0	1	85	0
24	Nov_23_2015	111.43	112.75	119.79	120.79			124.43(3.3%)	UT	HoldLong	65	0.4	28	-10000	8	89	0.92	59%	0.12	63.2	2.54%	0	1.2	89	0
25	Nov_20_2015	111.3	111.47	119.04	119.63			120.45(0.68%)	UT	HoldLong	65	0.1	30	-10000	4	108	0.51	53%		62.2	2.52%	0	0.9	89	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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