Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $631.7300 (-0.35%) ($623.2600 - $640.8910) on Wed. Jul. 17, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.17% (three month average) | RSI | 67 | Latest Price | $631.7300(-0.35%) | 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 1.7% 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(71%) IPO(71%) ONLN(69%) IWF(68%) QQQ(68%) | Factors Impacting MELI price | MELI will decline at least -1.585% in a week (0% probabilities). VIXM(-40%) VXX(-17%) UUP(-11%) TLT(-4%) IFRA(0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.585% (StdDev 3.17%) | Hourly BBV | 0 () | Intraday Trend | -0.2% | | | |
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5 Day Moving Average | $637.97(-0.98%) | 10 Day Moving Average | $636.48(-0.75%) | 20 Day Moving Average | $629.67(0.33%) | To recent high | -2.1% | To recent low | 31% | Market Cap | $31.403b | | | | 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. |