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Stock Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
MercadoLibre, Inc (NASDAQ:MELI)
Bull Market Weakness (+75) - MELI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MELI as it may be in the beginning stages 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 Mar 9th, 2020 at 555.88
The intermediate-term trend has been UP since Apr 7th, 2020 at 525.53
The short-term trend has been UP since Apr 6th, 2020 at 472.20
Smart Scan Analysis for MELI
Based on our trend formula, MELI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 536.25 | 548.00 | 527.08 | 544.01 | +18.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 473.29 | 359480 | 2020-04-08 15:59:48 |
| Year High | 417.91 | Year High Date | 2018-03-13 |
| Year Low | 281 | Year Low Date | 2018-05-29 |
| 52wk High | 756.48 | 52wk High Date | 2020-02-20 |
| 52wk Low | 422.22 | 52wk Low Date | 2020-03-18 |
| Year End Close | 78.55 | Average Volume | 833,203 |
| Shares Outstanding | 49,710 | Short Interest | 7,881,007 |
| % Institutional | 98.5 | Market Cap | 27,881M |
| Assets | 478,169,100M | Liabilities | 269,972,800M |
| P/E Ratio | 3018.4 | Beta | 1.47 |
| Volatility | 59.81 |