Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $126.8614 (-0.34%) ($126.3641 - $128.7913) on Fri. May. 13, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.82% (three month average) | RSI | 59 | Latest Price | $126.8614(-0.34%) | 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. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) QQQ(63%) IWF(62%) IVW(61%) SKYY(61%) ARKK(59%) | Factors Impacting MELI price | MELI will decline at least -0.91% in a week (0% probabilities). VIXM(-15%) UUP(-11%) TLT(-4%) IPO(-4%) SHY(-2%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.91% (StdDev 1.82%) | Hourly BBV | 0 () | Intraday Trend | 0.1% | | | |
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5 Day Moving Average | $127.59(-0.57%) | 10 Day Moving Average | $126.45(0.33%) | 20 Day Moving Average | $126.12(0.59%) | To recent high | -2% | To recent low | 33.4% | Market Cap | $6.306b | | | | 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. |