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Stock Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

MercadoLibre, Inc (NASDAQ:MELI)

Weak Downtrend (-65) - MELI is showing signs of a strengthening downtrend. Monitor MELI as it may be building momentum to the downside.

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.

NASDAQ_MELI
Open High Low MELI Price Change
1703.28 1730.00 1594.66 1608.32 -105.68
Entry Signal

MarketClub’s Trade Triangles for MELI

long term up The long-term trend has been UP since May 6th, 2020 at 756.480

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 1810.005

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 1880.000

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).

-70
Smart Scan Analysis for MELI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1703.28 1730.00 1594.66 1608.32 -105.68
Prev. Close Volume Bid Ask Time
1714.00 652696 2021-02-25 15:59:56
Year High417.91Year High Date2018-03-13
Year Low281Year Low Date2018-05-29
52wk High202052wk High Date2021-01-21
52wk Low422.2252wk Low Date2020-03-18
Year End Close78.55Average Volume501,024
Shares Outstanding49,870Short Interest7,881,007
% Institutional98.5Market Cap27,881M
Assets573,771,900MLiabilities394,219,300M
Beta1.47Volatility59.81
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