Trading Signals: MELI Stock Price Prediction and Forecast

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Fri. Mar. 11, 2016

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

(MercadoLibre Inc)
MELI latest price $114.8939 (1.88%) ($112.5295 - $115.2317) on Fri. Mar. 11, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.74% (three month average)
RSI   72
Latest Price   $114.8939(1.88%)
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 5.7% 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 -1.37% 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   -1.37% (StdDev 2.74%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $111.23(3.29%)
10 Day Moving Average   $108.31(6.08%)
20 Day Moving Average   $103.42(11.09%)
To recent high   -2.3%
To recent low   34.8%
Market Cap   $5.711b

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 5.93% (three month std-dev: 2.74%) 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

> 20160411

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	Mar_11_2016	107.02	103.42	108.31	111.23			114.89(1.88%)	UT	OpenLong	75	0.6	39	-10000	9	129	0.48	42%	0.18	103.4	2.74%	0	1.9	72	0
2	Mar_10_2016	106.83	102.11	106.54	109.88			112.78(2.09%)	UT	OpenLong	75	0.5	34	-10000	9	110	0.73	42%	0.18	89.6	2.76%	0	1.7	70	0
3	Mar_9_2016	106.64	100.84	105.42	108.49			110.47(2.01%)	UT	OpenLong	75	0.3	31	-10000	7	103	0.59	42%	0.14	75.1	2.75%	0	1.5	70	0
4	Mar_8_2016	106.49	99.6	104.58	107.44			108.3(-1.28%)	UD	OpenLong	75	0.1	29	-10000	5	101	0.48	42%	0.12	59.9	2.76%	0	1.3	69	0
5	Mar_7_2016	106.36	98.47	103.54	106.64			109.7(1.41%)	UT	OpenLong	75	0.4	35	-10000	12	103	0.6	42%	0.15	46	2.75%	0	1.6	74	0

6	Mar_4_2016	106.2	97.45	102.47	104.92			108.17(2.21%)	UT	HoldLong	65	0.5	38	-10000	16	102	0.56	42%	0.15	35.7	2.75%	0	1.6	77	0
7	Mar_3_2016	106.04	96.78	101.58	102.67			105.83(0.59%)	UT	HoldLong	65	0.5	29	-10000	6	96	0.54	41%	0.15	28.4	2.74%	0	1.4	79	0
8	Mar_2_2016	105.88	96.18	100.8	101.88			105.22(0.91%)	UT	HoldLong	65	0.6	31	-10000	4	110	0.52	41%	0.12	25.3	2.76%	0	1.5	79	0
9	Mar_1_2016	105.75	95.64	100.01	101.32			104.26(3.13%)	UT	HoldLong	65	0.5	41	-10000	9	135	0.85	41%	0.12	22	2.76%	0	1.5	80	0
10	Feb_29_2016	105.62	95.28	99.09	100.01			101.09(4.3%)	UT	HoldLong	65	0.2	38	-10000	3	143	0.83	39%	0.08	15.3	2.72%	0	1.1	79	0

11	Feb_26_2016	105.54	95.06	98.17	99.66			96.92(-4.88%)	UD	OpenLong	65	-0.5	34	-10000	-4	147	1.99	35%	0.03	11.5	2.66%	0	0.4	63	0
12	Feb_25_2016	105.51	95	97.43	100.24			101.89(-0.52%)	UD	OpenLong	75	0.3	42	-10000	6	150	0.68	38%	0.09	14.3	2.61%	0	1.3	57	0
13	Feb_24_2016	105.42	94.69	96	99.49			102.43(4.8%)	UT	OpenLong	75	0.6	37	-10000	7	126	0.75	38%	0.08	11.7	2.62%	0	1.6	59	0
14	Feb_23_2016	105.34	94.42	94.3	98.53			97.74(-1.6%)	UD	OpenLong	75	-0.2	26	-10000	4	93	0.65	36%	0.02	9	2.54%	0	0.7	53	0
15	Feb_22_2016	105.32	94.42	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-96.4	2.36%	0	-2.5	39	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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