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
     Mon. Sep. 25, 2017

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

(MercadoLibre Inc)

MELI latest price $269.9415 (-3.31%) ($261.9597 - $279.5316) on Mon. Sep. 25, 2017.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.75% (three month average)
RSI   65
Latest Price   $269.9415(-3.31%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI declines -1.4% a day on average for past five trading days.
Weekly Trend  MELI advances 3% a week on average for past two weeks.
Market Behavior  Rotation from growth to value for large cap. Value stock rally for small cap.
Correlated ETFs  Broad market will support MELI advance at 0% a week (0% probability)
  IBUY(67%)    QQQ(64%)    IWF(63%)    IVW(62%)    SKYY(62%)  
Factors Impacting MELI price  MELI will decline at least -1.375% in a week (0% probabilities).
  VIXM(-13%)    UUP(-11%)    TLT(-5%)    SHY(-1%)    IGOV(2%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.375% (StdDev 2.75%)
Hourly BBV   0 ()
Intraday Trend   -3.4%
  
 

  


Resistance Level  $271.32
5 Day Moving Average  $282.05(-4.29%)
10 Day Moving Average  $284.9(-5.25%)
20 Day Moving Average  $271.32(-0.51%)
To recent high  -7.6%
To recent low  16.2%
Market Cap  $13.419b
 
 
 
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 6.49% (three month std-dev: 2.75%) daily (68% of days).

getNextHourMoveProbability failed