Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $113.9203 (-0.03%) ($112.6090 - $114.6058) on Mon. Mar. 21, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.69% (three month average) | RSI | 79 | Latest Price | $113.9203(-0.03%) | Stocks Behave Similarly | Similar Stock List | Weekly Trend | MELI advances 3% 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%) IVW(61%) SKYY(61%) ARKK(59%) | Factors Impacting MELI price | MELI will decline at least -1.345% in a week (0% probabilities). VIXM(-15%) UUP(-11%) TLT(-5%) IPO(-3%) SHY(-2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.345% (StdDev 2.69%) | Hourly BBV | 0 () | Intraday Trend | 0.7% | | | |
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5 Day Moving Average | $113.49(0.38%) | 10 Day Moving Average | $112.89(0.91%) | 20 Day Moving Average | $108.4(5.09%) | To recent high | -0.8% | To recent low | 33.6% | Market Cap | $5.663b | | | | 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. |