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Stock Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

MercadoLibre, Inc (NASDAQ:MELI)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_MELI
Open High Low MELI Price Change
661.2200 675.8400 657.7724 673.4300 +19.5700
Entry Signal

MarketClub’s Trade Triangles for MELI

long term up The long term trend has been UP since Jan 2nd, 2020 at 605.9400

intermediate term up The intermediate term trend has been UP since Nov 21st, 2019 at 558.3400

short term up The short term trend has been UP since Jan 28th, 2020 at 674.8923

Smart Scan Analysis for MELI

Based on a pre-defined weighted trend formula for chart analysis, MELI scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MELI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
661.2200 675.8400 657.7724 673.4300 +19.5700
Prev. Close Volume Bid Ask Time
669.4800 222014 2020-01-28 14:00:42
Year High417.91Year High Date2018-03-13
Year Low281Year Low Date2018-05-29
52wk High698.9852wk High Date2019-08-09
52wk Low322.8252wk Low Date2019-01-23
Year End Close78.55Average Volume393,354
Shares Outstanding49,710Short Interest7,881,007
% Institutional98.5Market Cap27,881M
Assets443,934,100MLiabilities230,232,400M
P/E Ratio3018.4Beta1.47
Volatility59.81
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