Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $1086.4600 (-0.3%) ($1000.0000 - $1102.2900) on Sat. Sep. 5, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.73% (three month average) | RSI | 34 | Latest Price | $1086.4600(-0.3%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -1.6% a day on average for past five trading days. | Weekly Trend | MELI declines -2.5% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support MELI advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) | Factors Impacting MELI price | MELI will decline at least -1.365% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.365% (StdDev 2.73%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
|
Resistance Level | $1173.75 | 5 Day Moving Average | $1150.21(-5.54%) | 10 Day Moving Average | $1175.96(-7.61%) | 20 Day Moving Average | $1173.75(-7.44%) | To recent high | -11.3% | To recent low | 27.2% | Market Cap | $N/A | | | | 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. |