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
     Thu. Mar. 10, 2016

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

(MercadoLibre Inc)

MELI latest price $112.7779 (2.09%) ($109.0325 - $113.5230) on Thu. Mar. 10, 2016.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.76% (three month average)
RSI   70
Latest Price   $112.7779(2.09%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 1.3% a day on average for past five trading days.
Weekly Trend  MELI advances 4.9% a week on average for past two weeks.
Market Behavior  Normal for large cap. Broad based sell-off 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 -1.38% 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  -1.38% (StdDev 2.76%)
Hourly BBV   0 ()
Intraday Trend   1.4%
  
 

  


5 Day Moving Average  $109.88(2.64%)
10 Day Moving Average  $106.54(5.85%)
20 Day Moving Average  $102.11(10.45%)
To recent high  -4.1%
To recent low  32.3%
Market Cap  $5.606b
 
 
 
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 6.15% (three month std-dev: 2.76%) daily (68% of days).

getNextHourMoveProbability failed