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
     Wed. Sep. 9, 2015

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

(MercadoLibre Inc)

MELI latest price $107.1363 (-1.36%) ($106.6802 - $110.6758) on Wed. Sep. 9, 2015.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.3% (three month average)
RSI   42
Latest Price   $107.1363(-1.36%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI declines -0.1% a day on average for past five trading days.
Weekly Trend  MELI advances 1.3% a week on average for past two weeks.
Market Behavior  Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs  Broad market will support MELI advance at 0% a week (0% probability)
  QQQ(63%)    IWF(62%)    SKYY(61%)    VUG(59%)    IWO(58%)  
Factors Impacting MELI price  MELI will decline at least -1.15% in a week (0% probabilities).
  VIXM(-17%)    UUP(-9%)    TLT(-6%)    SHY(-3%)    IGOV(1%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.15% (StdDev 2.3%)
Hourly BBV   0 ()
Intraday Trend   -1.8%
  
 

  


1 - 5 Day Possible Target  $101.87(-4.92%)
Resistance Level  $110.37
5 Day Moving Average  $108.66(-1.4%)
10 Day Moving Average  $108.71(-1.45%)
20 Day Moving Average  $110.37(-2.93%)
To recent high  -28.4%
To recent low  5.8%
Market Cap  $5.326b
 
 
 
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 5.15% (three month std-dev: 2.3%) daily (68% of days).

getNextHourMoveProbability failed