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Stock Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
MercadoLibre, Inc. (NASDAQ:MELI)
Bear Market Rally (-75) - MELI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MELI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MELI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MELI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MELI
The long-term trend has been DOWN since Oct 11th, 2021 at 1471.230
The intermediate-term trend has been DOWN since Jan 5th, 2022 at 1125.025
The short-term trend has been UP since Jan 11th, 2022 at 1160.330
Smart Scan Analysis for MELI
Based on our trend formula, MELI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1103.9100 | 1143.3626 | 1101.9364 | 1122.6700 | -8.3400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1122.7400 | 447955 | 2022-01-14 15:59:59 |
| Year High | 417.91 | Year High Date | 2018-03-13 |
| Year Low | 281 | Year Low Date | 2018-05-29 |
| 52wk High | 2020 | 52wk High Date | 2021-01-21 |
| 52wk Low | 1001.01 | 52wk Low Date | 2022-01-10 |
| Year End Close | 78.55 | Average Volume | 693,369 |
| Shares Outstanding | 49,459 | Short Interest | 7,881,007 |
| % Institutional | 98.5 | Market Cap | 27,881M |
| Assets | 680,001,700M | Liabilities | 667,704,100M |
| P/E Ratio | 711.327 | Beta | 1.47 |
| Volatility | 59.81 |