Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $123.3353 (1.37%) ($121.5831 - $124.0382) on Fri. Mar. 20, 2015. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.55% (three month average) | RSI | 33 | Latest Price | $123.3353(1.37%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -0.2% a day on average for past five trading days. | Weekly Trend | MELI declines -2.3% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) QQQ(63%) SPY(55%) XLK(55%) XLY(55%) VT(53%) | Factors Impacting MELI price | MELI will decline at least -0.775% in a week (0% probabilities). VIXM(-18%) UUP(-7%) TLT(-7%) SHY(-3%) IGOV(-0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.775% (StdDev 1.55%) | Hourly BBV | 0 () | Intraday Trend | 1.1% | | | |
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1 - 5 Day Possible Target | $119.9(-2.79%) | Resistance Level | $127.4 | 5 Day Moving Average | $124.44(-0.89%) | 10 Day Moving Average | $124.48(-0.92%) | 20 Day Moving Average | $127.4(-3.19%) | To recent high | -7.2% | To recent low | 6.6% | Market Cap | $6.131b | | | | 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. |