Trading Signals: MELI Stock Price Prediction and Forecast

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

Mon. Feb. 22, 2016

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

(MercadoLibre Inc)
MELI latest price $99.3264 (-0.5%) ($98.0150 - $101.3232) on Mon. Feb. 22, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.58% (three month average)
RSI   49
Latest Price   $99.3264(-0.5%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MELI advances 1.7% a day on average for past five trading days.
Weekly Trend   MELI advances 2.3% 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 -1.29% in a week (0% probabilities).
VIXM(-15%)    UUP(-11%)    TLT(-5%)    IPO(-3%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.29% (StdDev 2.58%)
Hourly BBV 0 ()
Intraday Trend -1.5%

5 Day Moving Average   $98.01(1.34%)
10 Day Moving Average   $93.1(6.69%)
20 Day Moving Average   $94.47(5.14%)
To recent high   -20.7%
To recent low   16.5%
Market Cap   $4.938b

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 5% (three month std-dev: 2.58%) 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

> 20160322

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	Feb_22_2016	105.32		93.1	98.01			99.33(-0.5%)	UD	OpenLong	75	0.3	25	-10000	13	60	0.63	36%	0.05	9.4	2.58%	0	1	49	0
2	Feb_19_2016	105.27	94.47	92.08	96.41			99.82(1.7%)	UT	OpenLong	75	0.7	20	-10000	19	22	0.56	36%	0.1	-3.4	2.58%	0	1.1	51	0
3	Feb_18_2016	105.17	94.28	91.56	94.14			98.15(0.57%)	N/A	N/A	0	0.9	12	-10000	19	-11	0.45	36%	0.08	-20	2.57%	0	0.8	52	0
4	Feb_17_2016	105.09	94.12	91.11	91.94			97.6(2.59%)	N/A	N/A	0	1.2	4	-10000	21	-46	0.5	36%	0.11	-41.5	2.57%	0	0.8	50	0
5	Feb_16_2016	104.97	94.01	90.78	89.47			95.13(4.14%)	DP	OpenShort	-65	1.2	-9	-10000	18	-89	0.38	34%	0.19	-58.9	2.54%	0	0.2	43	0

6	Feb_12_2016	104.77	94.03	90.97	87.5			91.35(3.27%)	DP	OpenShort	-65	0.8	-30	-10000	3	-129	0.37	30%	0	-74.8	2.48%	0	-0.6	34	0
7	Feb_11_2016	104.77	94.64	91.53	87.16			88.46(1.52%)	DP	OpenShort	-75	0.3	-48	-10000	-14	-151	0.48	27%	-0.04	-69.4	2.43%	0	-1.2	26	0
8	Feb_10_2016	104.81	95.22	92.3	88.67			87.14(2.2%)	DP	OpenShort	-75	-0.3	-44	-10000	-14	-135	0.32	27%	-0.07	-69.5	2.42%	0	-1.7	34	0
9	Feb_9_2016	104.88	96.07	93.28	90.2			85.26(-0.06%)	DT	OpenShort	-75	-1	-42	-10000	-18	-115	0.45	27%	-0.12	-66.7	2.41%	0	-2.2	33	0
10	Feb_8_2016	105.01	96.77	94.64	92.24			85.31(-4.85%)	DT	OpenShort	-75	-1.7	-38	-10000	-23	-84	0.62	27%	-0.13	-77.3	2.41%	0	-2.8	33	0

11	Feb_5_2016	105.15	97.57	96.15	94.85			89.66(-6.61%)	DT	OpenShort	-75	-1.6	-20	-10000	-14	-37	0.68	38%	-0.14	-96.4	2.36%	0	-2.5	39	0
12	Feb_4_2016	105.3	98.23	97.27	96.44			96.01(1.33%)	DP	OpenShort	-75	-0.2	-4	-10000	-0	-16	0.49	44%	-0.12	-115.2	2.5%	0	-0.8	33	0
13	Feb_3_2016	105.43	98.73	97.37	96.48			94.75(-0.78%)	DT	OpenShort	-75	-0.5	-8	-10000	-3	-24	0.6	44%	-0.12	-109.1	2.52%	0	-1.2	42	0
14	Feb_2_2016	105.56	99.41	97.51	96.85			95.49(-2.91%)	DT	OpenShort	-75	-0.4	-13	-10000	-5	-38	0.48	47%	-0.09	-96.8	2.53%	0	-1	37	0
15	Feb_1_2016	105.66	100.07	97.59	97.42			98.35(0.77%)	DP	OpenShort	-75	0.2	-10	-10000	-2	-35	0.46	49%	-0.06	-88.6	2.55%	0	-0.4	52	0

16	Jan_29_2016	105.72	100.77	97.34	97.7			97.6(1.42%)	DP	OpenShort	-75	-0	-14	-10000	-5	-42	0.56	52%	-0.09	-85.4	2.58%	0	-0.7	47	0
17	Jan_28_2016	105.81	101.53	97.93	98.28			96.23(-0.38%)	DT	OpenShort	-75	-0.4	-8	-10000	-1	-30	0.53	52%	-0.1	-66.9	2.59%	0	-1	43	0
18	Jan_27_2016	105.92	102.4	98.29	98.4			96.59(-1.79%)	DT	HoldShort	-50	-0.3	-9	-10000	2	-42	0.6	52%	-0.11	-58.7	2.59%	0	-1	38	0
19	Jan_26_2016	106.04	103.21	98.29	98.2			98.35(-1.36%)	DP	OpenShort	-65	0	-11	-10000	4	-54	0.52	52%	-0.08	-54.2	2.59%	0	-0.8	37	0
20	Jan_25_2016	106.12	103.93	99.01	97.71			99.71(-0.77%)	DP	OpenShort	-65	0.3	-16	-10000	6	-82	0.38	52%	-0.08	-54.4	2.59%	0	-0.7	38	0

21	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
22	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
23	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
24	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
25	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%		-64.9	2.56%	0	-2	29	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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