|
^ MELI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice |
Thu. Nov. 30, 2017 | Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $275.0107 (2.78%) ($270.2329 - $276.3501) on Thu. Nov. 30, 2017. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.05% (three month average) | RSI | 58 | Latest Price | $275.0107(2.78%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI advances 0.7% a day on average for past five trading days. | Weekly Trend | MELI advances 1.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) IBUY(68%) IWF(64%) QQQ(64%) ARKK(62%) IVW(62%) | Factors Impacting MELI price | MELI will decline at least -1.525% in a week (0% probabilities). VIXM(-13%) UUP(-12%) TLT(-5%) SHY(-1%) IGOV(3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.525% (StdDev 3.05%) | Hourly BBV | 0 () | Intraday Trend | 1.4% | | | |
|
5 Day Moving Average | $271.21(1.4%) | 10 Day Moving Average | $268.96(2.25%) | 20 Day Moving Average | $266.01(3.38%) | To recent high | -5.8% | To recent low | 24.2% | Market Cap | $13.671b | | | | 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 2.9% (three month std-dev: 3.05%) daily (68% of days).
getNextHourMoveProbability failed |
|