MercadoLibre Technical Analysis

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MELI -- USA Stock  

Earning Report: February 25, 2020  

As of the 18th of January 2020 MercadoLibre secures Downside Deviation of 2.54, Risk Adjusted Performance of 0.0692 and Mean Deviation of 1.54. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of MercadoLibre as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for MercadoLibre which can be compared to its peers in the industry. Please verify MercadoLibre Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if MercadoLibre is priced some-what accurately providing market reflects its recent price of 659.98 per share. Given that MercadoLibre has Jensen Alpha of 0.1658, we recommend you check MercadoLibre last-minute market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
MercadoLibre current and past analyst recommendations published by number of research institutions as well as average analyst consensus
MercadoLibre Analyst Advice  
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MercadoLibre Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. The Normalized Average True Range is used to analyze tradable apportunities for MercadoLibre across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

MercadoLibre Trend Analysis

Use this graph to draw trend lines for MercadoLibre. You can use it to identify possible trend reversals for MercadoLibre as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MercadoLibre price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

MercadoLibre Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MercadoLibre applied against its price change over selected period. The best fit line has a slop of   2.42  which means MercadoLibre will continue generating value for investors. It has 122 observation points and a regression sum of squares at 221742.74, which is the sum of squared deviations for the predicted MercadoLibre price change compared to its average price change.

MercadoLibre January 18, 2020 Technical Indicators

MercadoLibre January 18, 2020 Daily Price Condition

Additionally see Stocks Correlation. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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