Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $272.1295 (0.65%) ($270.7218 - $279.3378) on Fri. May. 19, 2017. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.65% (three month average) | RSI | 76 | Latest Price | $272.1295(0.65%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -1% a day on average for past five trading days. | Weekly Trend | MELI advances 7% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) IBUY(66%) QQQ(64%) IWF(63%) ARKK(61%) IVW(61%) | Factors Impacting MELI price | MELI will decline at least -1.325% in a week (0% probabilities). VIXM(-13%) UUP(-11%) TLT(-5%) IPO(-5%) SHY(-1%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.325% (StdDev 2.65%) | Hourly BBV | 0 () | Intraday Trend | -1.6% | | | |
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5 Day Moving Average | $282.62(-3.71%) | 10 Day Moving Average | $281.73(-3.41%) | 20 Day Moving Average | $260.14(4.61%) | To recent high | -8.3% | To recent low | 37.4% | Market Cap | $13.528b | | | | 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. |