Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $279.1719 (-0.86%) ($278.9821 - $283.3876) on Fri. Sep. 22, 2017. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.72% (three month average) | RSI | 75 | Latest Price | $279.1719(-0.86%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -0.2% a day on average for past five trading days. | Weekly Trend | MELI advances 5% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) IBUY(67%) QQQ(64%) IWF(63%) IVW(62%) SKYY(62%) | Factors Impacting MELI price | MELI will decline at least -1.36% in a week (0% probabilities). VIXM(-13%) UUP(-11%) TLT(-5%) SHY(-1%) IGOV(2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.36% (StdDev 2.72%) | Hourly BBV | 0 () | Intraday Trend | -0.2% | | | |
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5 Day Moving Average | $285.95(-2.37%) | 10 Day Moving Average | $286.59(-2.59%) | 20 Day Moving Average | $270.26(3.3%) | To recent high | -4.4% | To recent low | 20.1% | Market Cap | $13.878b | | | | 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. |