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. Aug. 9, 2018

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

(MercadoLibre Inc)

MELI latest price $384.3900 (11.6%) ($337.1900 - $394.9200) on Thu. Aug. 9, 2018.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  3.14% (three month average)
RSI   52
Latest Price   $384.3900(11.6%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 2.6% a day on average for past five trading days.
Weekly Trend  MELI declines -1.1% a week on average for past two weeks.
Market Behavior  Value stocks sell-off 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%)    ONLN(67%)    QQQ(66%)    IWF(65%)    ARKK(63%)  
Factors Impacting MELI price  MELI will decline at least -1.57% in a week (0% probabilities).
  VXX(-14%)    VIXM(-11%)    UUP(-11%)    TLT(-5%)    SHY(-0%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.57% (StdDev 3.14%)
Hourly BBV   0 ()
Intraday Trend   13.8%
  
 

  


5 Day Moving Average  $353.73(8.67%)
10 Day Moving Average  $349.82(9.88%)
20 Day Moving Average  $354.33(8.48%)
To recent high  0%
To recent low  34.7%
Market Cap  $19.108b
 
 
 
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 4.42% (three month std-dev: 3.14%) daily (68% of days).

getNextHourMoveProbability failed