Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $120.0846 (1.14%) ($116.5352 - $120.1045) on Mon. Aug. 17, 2015. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.83% (three month average) | RSI | 40 | Latest Price | $120.0846(1.14%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -0.4% a day on average for past five trading days. | Weekly Trend | MELI declines -3.7% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) QQQ(63%) SPY(56%) XLY(56%) XLK(55%) VT(53%) | Factors Impacting MELI price | MELI will decline at least -0.915% in a week (0% probabilities). VIXM(-18%) UUP(-8%) TLT(-6%) SHY(-3%) IGOV(0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.915% (StdDev 1.83%) | Hourly BBV | 0 () | Intraday Trend | 1.8% | | | |
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1 - 5 Day Possible Target | $113.6(-5.4%) | Resistance Level | $126 | 5 Day Moving Average | $120.08(0%) | 10 Day Moving Average | $122.02(-1.59%) | 20 Day Moving Average | $126(-4.69%) | To recent high | -19.7% | To recent low | 1.1% | Market Cap | $5.969b | | | | 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. |