Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $1768.0000 (-1.66%) ($1768.0000 - $1768.0000) on Tue. Aug. 17, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.57% (three month average) | RSI | 63 | Latest Price | $1768.0000(-1.66%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -1.2% a day on average for past five trading days. | Weekly Trend | MELI advances 6.8% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) IBUY(73%) IPO(71%) IWF(71%) IVW(70%) ONLN(70%) | Factors Impacting MELI price | MELI will decline at least -1.285% in a week (0% probabilities). VIXM(-39%) UUP(-22%) VXX(-7%) TBT(-3%) TLT(2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.285% (StdDev 2.57%) | Hourly BBV | -0.9 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $1827.88(-3.28%) | 10 Day Moving Average | $1791.32(-1.3%) | 20 Day Moving Average | $1695.76(4.26%) | To recent high | -6% | To recent low | 34.8% | Market Cap | $87.887b | | | | 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. |