Trading Signals: MELI Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(MercadoLibre Inc)
| MELI latest price $1323.8700 (1.67%) ($1323.8700 - $1323.8700) on Sun. May. 16, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.21% (three month average) | RSI | 18 | Latest Price | $1323.8700(1.67%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | MELI declines -2.3% a day on average for past five trading days. | Weekly Trend | MELI declines -8.5% 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 -1.605% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.605% (StdDev 3.21%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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Resistance Level | $1496.97 | 5 Day Moving Average | $1339.7(-1.18%) | 10 Day Moving Average | $1417.48(-6.6%) | 20 Day Moving Average | $1496.97(-11.56%) | To recent high | -31.8% | To recent low | 1.7% | 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. |