Trading Signals: MELI Stock Price Prediction and Forecast

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

Fri. Jan. 22, 2016

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

(MercadoLibre Inc)
MELI latest price $100.4887 (3.74%) ($99.3462 - $102.5055) on Fri. Jan. 22, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.59% (three month average)
RSI   35
Latest Price   $100.4887(3.74%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI declines -0.8% a day on average for past five trading days.
Weekly Trend   MELI declines -5.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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 -1.295% in a week (0% probabilities).
VIXM(-16%)    UUP(-10%)    TLT(-5%)    SHY(-2%)    IPO(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.295% (StdDev 2.59%)
Hourly BBV 0 ()
Intraday Trend 0.9%

1 - 5 Day Possible Target   $87.75(-12.68%)
Resistance Level   $104.58
5 Day Moving Average   $96.92(3.68%)
10 Day Moving Average   $99.06(1.44%)
20 Day Moving Average   $104.58(-3.91%)
To recent high   -19.8%
To recent low   6.3%
Market Cap   $4.995b

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 6.25% (three month std-dev: 2.59%) 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

> 20160222

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	Jan_22_2016	106.2	104.58	99.06	96.92			100.49(3.74%)	DP	OpenShort	-75	0.5	-36	-10000	-6	-124	1.08	52%	-0.1	-59.2	2.59%	0	-0.6	35	0
2	Jan_21_2016	106.31	105.09	99.19	97.66			96.86(1.32%)	DP	OpenShort	-75	-0.1	-39	-10000	-5	-139	0.79	49%	-0.12	-58.7	2.57%	0	-1.2	30	0
3	Jan_20_2016	106.44	105.86	100.12	98.26			95.6(-0.27%)	DT	OpenShort	-75	-0.4	-48	-10000	-13	-152	0.82	49%	-0.12	-59.2	2.57%	0	-1.5	27	0
4	Jan_19_2016	106.57	106.66	101.43	99.98			95.86(0.09%)	DP	OpenShort	-75	-0.6	-37	-10000	-4	-137	0.79	49%	-0.18	-57.9	2.57%	0	-1.7	29	0
5	Jan_15_2016	106.76	107.56	102.76	100.43			95.77(-8.09%)	DT	OpenShort	-75	-0.8	-41	-10000	-7	-142	0.92	51%	-0.15	-64.9	2.56%	0	-2	29	0

6	Jan_14_2016	106.92	108.59	104.53	101.36			104.19(4.31%)	DP	OpenShort	-65	0.5	-32	-10000	3	-138	0.46	56%	0	-68.5	2.37%	0	-0.8	37	0
7	Jan_13_2016	106.92	109.24	105.39	100.97			99.89(-4.1%)	DT	OpenShort	-75	-0.2	-45	-10000	-11	-146	0.89	52%	-0.01	-70.3	2.34%	0	-1.7	33	0
8	Jan_12_2016	106.93	110.02	106.82	102.32			104.16(6.17%)	DP	OpenShort	-75	0.4	-38	-10000	-8	-128	1.02	56%	0.02	-69.5	2.28%	0	-1.1	36	0
9	Jan_11_2016	106.91	110.49	107.69	103.28			98.11(-2.3%)	DT	HoldShort	-65	-1	-45	-10000	-19	-124	0.74	51%	-0.07	-72.7	2.16%	0	-2.4	24	0
10	Jan_8_2016	106.99	111.49	109.27	105.5			100.43(-1.79%)	DT	HoldShort	-65	-1.2	-42	-10000	-23	-98	0.44	53%	-0.07	-77.9	2.14%	0	-2.6	23	0

11	Jan_7_2016	107.06	112.31	110.6	108.13			102.26(-4.1%)	DT	HoldShort	-65	-1.6	-31	-10000	-19	-68	0.48	53%	-0.1	-83.3	2.13%	0	-2.8	22	0
12	Jan_6_2016	107.17	113.15	111.57	110.41			106.63(-2.14%)	DT	HoldShort	-65	-1.4	-23	-10000	-13	-51	0.58	58%	-0.09	-96.7	2.06%	0	-2.4	24	0
13	Jan_5_2016	107.27	113.78	112.15	111.95			108.96(-0.25%)	DT	OpenShort	-75	-1.2	-14	-10000	-7	-34	0.43	62%	-0.11	-93.4	2.05%	0	-1.9	37	0
14	Jan_4_2016	107.39	114.37	112.38	112.79			109.23(-3.84%)	DT	OpenShort	-75	-1.4	-13	-10000	-7	-29	0.54	62%	-0.2	-91.6	2.06%	0	-2	43	0
15	Dec_31_2015	107.61	114.89	112.83	113.59			113.59(-0.02%)	DP	OpenShort	-65	0	-5	-10000	1	-23	0.18	72%	-0.06	-84.3	2.09%	0	-0.5	41	0

16	Dec_30_2015	107.67	115.36	113.01	113.46			113.61(-0.66%)	DP	OpenShort	-65	0	-2	-10000	5	-24	0.25	75%	-0.08	-72.8	2.09%	0	-0.5	45	0
17	Dec_29_2015	107.76	115.87	113.35	112.92			114.37(1.08%)	DP	OpenShort	-65	0.4	-6	-10000	4	-34	0.2	70%	-0.08	-67.6	2.16%	0	-0.4	41	0
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-26.3	2.41%	0	-1.2	33	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

Click to see actual return for next trading day.