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Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
MercadoLibre, Inc. (NASDAQ:MELI)
Strong Downtrend (-100) - MELI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 1471.23
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 1471.74
The short-term trend has been DOWN since Nov 10th, 2021 at 1605.00
Smart Scan Analysis for MELI
Based on our trend formula, MELI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1294.71 | 1296.63 | 1244.00 | 1262.08 | -10.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1258.71 | 432646 | 2021-11-26 12:59:49 |
| 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 | 1262.38 | 52wk Low Date | 2021-05-13 |
| Year End Close | 78.55 | Average Volume | 624,104 |
| 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 | 800.6289 | Beta | 1.47 |
| Volatility | 59.81 |