Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $90.0057 (-0.42%) ($88.4971 - $91.1373) on Thu. Oct. 1, 2015. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.45% (three month average) | RSI | 27 | Latest Price | $90.0057(-0.42%) | 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 -8.1% 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(63%) IWF(62%) SKYY(61%) VUG(59%) IWO(58%) | Factors Impacting MELI price | MELI will decline at least -1.225% in a week (0% probabilities). VIXM(-17%) UUP(-9%) TLT(-6%) SHY(-3%) IGOV(1%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.225% (StdDev 2.45%) | Hourly BBV | 0 () | Intraday Trend | 0.1% | | | |
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1 - 5 Day Possible Target | $76.7(-14.78%) | Resistance Level | $99.09 | 5 Day Moving Average | $89.39(0.69%) | 10 Day Moving Average | $91.98(-2.15%) | 20 Day Moving Average | $99.09(-9.17%) | To recent high | -35.8% | To recent low | 4.6% | Market Cap | $4.474b | | | | 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. |