Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $183.1396 (-1.99%) ($183.0598 - $186.9969) on Thu. Sep. 29, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.28% (three month average) | RSI | 57 | Latest Price | $183.1396(-1.99%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -0.8% a day on average for past five trading days. | Weekly Trend | MELI advances 2.8% 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(65%) QQQ(63%) IWF(62%) IVW(61%) SKYY(61%) | Factors Impacting MELI price | MELI will decline at least -1.14% in a week (0% probabilities). VIXM(-14%) UUP(-11%) IPO(-6%) TLT(-4%) SHY(-1%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.14% (StdDev 2.28%) | Hourly BBV | 0 () | Intraday Trend | -1.5% | | | |
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5 Day Moving Average | $185.83(-1.45%) | 10 Day Moving Average | $184.05(-0.49%) | 20 Day Moving Average | $181.41(0.95%) | To recent high | -3.8% | To recent low | 32.3% | Market Cap | $9.104b | | | | 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. |