Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $133.9786 (-3.47%) ($133.2420 - $139.1938) on Wed. Dec. 10, 2014. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.84% (three month average) | RSI | 55 | Latest Price | $133.9786(-3.47%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -0.7% a day on average for past five trading days. | Weekly Trend | MELI advances 0.1% a week on average for past two weeks. | Market Behavior | Value stocks sell-off 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 -1.42% in a week (0% probabilities). VIXM(-18%) UUP(-7%) TLT(-7%) SHY(-3%) IGOV(0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.42% (StdDev 2.84%) | Hourly BBV | 0 () | Intraday Trend | -3.4% | | | |
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Resistance Level | $136.45 | 5 Day Moving Average | $137.09(-2.27%) | 10 Day Moving Average | $137.95(-2.88%) | 20 Day Moving Average | $136.45(-1.81%) | To recent high | -3.9% | To recent low | 30% | Market Cap | $6.66b | | | | 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. |