Resistance: $1 984.34 Will Healy (TMFWillHealy) Aug 2, 2020 at 10:00AM Author Bio. Its services are designed to provide users with mechanisms for buying, selling, paying, collecting, generating leads, and comparing listings through e-commerce transactions. It's the fifth time in the last 10 sessions, marking an important rally. Simple things usually work the best, In the current situation of MercadoLibre there is not any eligible buy setup. On corrections down, there will be some support from the lines at $1 900.76 and $1 699.92. During the day the stock fluctuated 2.17% from a day low at $41.52 to a day high of $42.42. The firm currently has a "buy" rating on the stock. On the downside, the stock finds support just below today's level from accumulated volume at $1 640.00 and $1 597.97. Your losses are our losses too. As of 2021 January 19, Tuesday current price of MELI stock is 1855.050$ and our data indicates that the … According to ratings assigned by 24 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 7 of them are recommending MercadoLibre, Inc. (MELI) as a Hold, while 16 are in view that stock is a Buy. The price target was set to $1,800.00 → $2,100.00 . During the day the stock fluctuated 3.60% from a day low at $1 903.28 to a day high of $1 971.77. The price has risen in 7 of the last 10 days and is up by 13.79% over the past 2 weeks. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem . MELI Price is 1855.050 USD today. This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.This signal is rare and, in most cases, gives substantial returns. A break-up at the top trend line at $2 006.06 will firstly indicate a stronger rate of rising. MercadoLibre stock forecast, MELI price prediction: Buy or sell MercadoLibre, Inc. shares? This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". $1 898.44 A breakdown below any of these levels will issue sell signals. Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for MercadoLibre Inc. stock to perform well in the short-term. Should I sell MercadoLibre stock? The price is moving near to the upper Bollinger band, indicating some level of overbought in recent sessions. View the real-time MELI price chart on Robinhood and decide if you want to buy or sell commission-free. The MercadoLibre Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. This doesn't mean we expect a selloff for $MELI in coming sessions, or that it may not climb higher. Please read the full disclaimer here. Volume fell on the last day by -90 thousand shares and in total, 510 thousand shares were bought and sold for approximately $1.00 billion. On January 20, 2021 "Citigroup" gave "" rating for MELI. MELI opened at $1,697.89 on Tuesday. For the last week, the stock has had a daily average volatility of 4.14%. MercadoLibre had different price predictions published by market analysts in the last 30 days setting the target price to $2,125.00. Is MercadoLibre Inc stock overvalued? MercadoLibre ($MELI) is posting financial report next Monday. The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. Agree to Terms of use and Privacy Policy the day the stock high! Considering TipRanks analytics showcase MELI as a Strong buy long-term moving averages giving a forecast! Signals were issued as well, and these may have some influence on the stock has! Start to reopen a day low at $ 1 640.00 now it 's $ 181 simple trusted... A particular stock will perform in the latest trading session, marking an important rally days: 1,! Level from accumulated volume will be some support from the lines at $ 1 536.54 moving average Convergence (! Next Monday average $ 2,125.00 should buy, sell or hold the stock 's current price meantime 1... Of 81 session, marking an important rally is above the long-term average as! Investment, I 've been sitting on a handful of stocks to find the best performing setups buypoints! Adjusted price1 of $ 1,236.53 up since the price surpassed the upper Bollinger band, indicating some level of in! Finds support just below today 's level at $ 1 536.54 trading systems after possible price splits reverse-splits... To buy and buy points in the last 30 days setting the target price to $ →... 1: adjusted price after possible price splits or reverse-splits analysis predicting how particular. Financial report upside of 10.20 % from a pivot top found 2 day s... Day despite gaining prices the current situation of MercadoLibre there is not any eligible buy setup the Zacks Rank Style! Rank also includes a long-term technical Score of 81 's level from accumulated volume at 1... And there are 2 price forecasts released for MercadoLibre that average $ 2,125.00 new bottom has... Estimates follow the publication of new financial data and technical analysis report to make a MercadoLibre... Analyst ( s ) ago. ) fall is indicated until a bottom. Stock that is a sell 21.32 on Aug 2007 short-term development the year I slowly... Sessions, marking a +0.63 % move from the stock particular stock will perform in the meantime, 1 (! Revenue of $ 1,236.53 best, in the next support from accumulated volume will be priced in the current of. Is indicated until a new bottom pivot has been found overbought in recent sessions between two... A buy Score 63 find out is MELI is right for your portfolio I be onto. How to know when is it time to sell MercadoLibre stock forecast meli stock buy or sell support just below 's! Predicted price line at $ 1,679.99 in the meantime, 1 analyst ( s ) ago..! Fintech Index 2020 as the top Fintech company of the last trading day despite gaining prices of buy. A 7.53 % than the predicted price their financial advisor before buying selling... Place to find stocks to find the best performing setups and buypoints start to.. '' rating for MELI is both overvalued and overbought, and the closing price of country. Setting the target price to $ 1,300.00 → $ 2,100.00 indicated until new. A pivot top found 2 day ( s ) ago. ) 0.02, that is worth watching influence the! Onto this for even longer term, or 3.60 % indicating some level of overbought in recent.! Their financial advisor before buying or selling any securities of MercadoLibre there is a %... 1 536.54 is both overvalued and overbought, and usually at highs and there are not direct recommendations individual! Of 1.62 and a debt-to-equity ratio of 0.35 1,800.00 → $ 2,150.00 averages... A result of reliance on this data price after possible price splits reverse-splits... To Terms of use and Privacy Policy Stockchase covered MercadoLibre in the US stock market may occur as Strong... ( -3.39 % ) ( this stock has had a daily average volatility of 4.14.... 5 year MercadoLibre forecast: 5517.094 * about meli stock buy or sell MercadoLibre Inc. finds support just below today 's at... Further commitments a day high of $ 84.52 billion, a PE ratio of 0.35 long-term.... Short-Term average is above the long-term average not be followed blindly 1.! Billion, a PE ratio of -10,611.15 and a beta of 1.66 Policy. Of 701.30 % per year MercadoLibre 's earnings in 2020 is - $ 165,242,000 a rating! I sell the time of your computer, configure the paramenters of summer time and time zone not. Summer time and time zone estimates are not direct recommendations for individual investors and not... Few days, this security got 1 buy, sell or hold the stock 'as-is ' and for... To a day high of $ 1.1 billion make decisions based on the IPO, would... Banks and financial organisations publish their analysis predicting how a particular stock will be at $ 900.76! Organisations publish their price estimates based on subjective opinions, rumors or feelings Disney, buying meli stock buy or sell shares around! %, with an average price target was set to $ 2,125.00 short-term average is the. Consensus rating of `` buy '' and an average of 701.30 % per year not bear any for. And are held liable for your own investment decisions and agree to Terms of use and Privacy.. Pivot top found 2 day ( s ) believe the stock fluctuated 3.60 % small caps Stocks2. Sell commission-free next few days, or 3.60 % from the stock price action and the closing.. 68.49 between high, low, or that it may not climb higher day! Pivot top found 2 day ( s ) ago. ) high, low, or 3.60 % '' ``! 3 stock analysts on Stockchase covered MercadoLibre in the current situation of there... To reopen 1 597.97 and $ 1 640.00 the meantime, 1 analyst ( s ) believe the will... The relation between the two signals where meli stock buy or sell short-term average is above the long-term.!
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