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     Thu. Dec. 7, 2017

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

(MercadoLibre Inc)

MELI latest price $272.5518 (0.17%) ($268.7736 - $273.5914) on Thu. Dec. 7, 2017.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.97% (three month average)
RSI   63
Latest Price   $272.5518(0.17%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI declines -0.2% a day on average for past five trading days.
Weekly Trend  MELI advances 1% a week on average for past two weeks.
Market Behavior  Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs  Broad market will support MELI advance at 0% a week (0% probability)
  IBUY(68%)    IWF(64%)    QQQ(64%)    ARKK(62%)    IVW(62%)  
Factors Impacting MELI price  MELI will decline at least -1.485% in a week (0% probabilities).
  VIXM(-13%)    UUP(-12%)    TLT(-5%)    SHY(-1%)    IGOV(3%)  
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.485% (StdDev 2.97%)
Hourly BBV   0 ()
Intraday Trend   0.4%
  
 

  


5 Day Moving Average  $271.94(0.22%)
10 Day Moving Average  $271.6(0.35%)
20 Day Moving Average  $269.03(1.31%)
To recent high  -6.6%
To recent low  23.1%
Market Cap  $13.549b
 
 
 
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 1.33% (three month std-dev: 2.97%) daily (68% of days).

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