Home      Tickers | SPY | NQ100 | DOW | Global | ETFs | Sector ETFs | 3x ETFs | ETF Movers | Stock Movers | Trading Alerts
     ^  MELI:  Intraday  Hourly  Forecast  Similar  Waves  GapOpen  Research  Timing  Gains  Losses  Strategies  Practice
     Mon. Nov. 24, 2014

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

(MercadoLibre Inc)

MELI latest price $138.4127 (0.93%) ($136.1882 - $138.6797) on Mon. Nov. 24, 2014.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.78% (three month average)
RSI   49
Latest Price   $138.4127(0.93%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 0.9% a day on average for past five trading days.
Weekly Trend  MELI advances 0.4% 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(62%)    SPY(55%)    XLK(55%)    XLY(55%)    VT(53%)  
Factors Impacting MELI price  MELI will decline at least -1.39% in a week (0% probabilities).
  VIXM(-18%)    UUP(-7%)    TLT(-7%)    SHY(-3%)    IGOV(0%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.39% (StdDev 2.78%)
Hourly BBV   0 ()
Intraday Trend   1.1%
  
 

  


5 Day Moving Average  $135.55(2.11%)
10 Day Moving Average  $134.21(3.13%)
20 Day Moving Average  $131.56(5.21%)
To recent high  0%
To recent low  34.3%
Market Cap  $6.88b
 
 
 
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 6.76% (three month std-dev: 2.78%) daily (68% of days).

getNextHourMoveProbability failed