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
     Tue. Jan. 30, 2018

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

(MercadoLibre Inc)

MELI latest price $386.3700 (-1%) ($375.0200 - $387.0200) on Tue. Jan. 30, 2018.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.5% (three month average)
RSI   90
Latest Price   $386.3700(-1%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  MELI advances 1.7% a day on average for past five trading days.
Weekly Trend  MELI advances 5.2% 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(68%)    QQQ(65%)    IWF(64%)    IVW(63%)    ARKK(62%)  
Factors Impacting MELI price  MELI will decline at least -1.25% in a week (0% probabilities).
  VIXM(-13%)    UUP(-12%)    TLT(-5%)    SHY(-1%)    VXX(0%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.25% (StdDev 2.5%)
Hourly BBV   0 ()
Intraday Trend   0.1%
  
 

  


5 Day Moving Average  $374.83(3.08%)
10 Day Moving Average  $362(6.73%)
20 Day Moving Average  $349.1(10.68%)
To recent high  -1%
To recent low  64.8%
Market Cap  $19.206b
 
 
 
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 5.33% (three month std-dev: 2.5%) daily (68% of days).

getNextHourMoveProbability failed