Disclaimer
All information on this page is published ‘as is’ and for information purposes alone. The information is not intended for trading or advice of financial, investment, tax, legal, accounting or any kind of nature. Before starting to trade, please contact your broker or a financial advisor to check the quotes, evaluate forecasts or the opinion of the author of the article. Our company is not an investment consultant, financial advisor or a broker for transactions involving securities. No information shall be viewed as investment advice, recommendation or offer of our company to buy, hold or sell securities or financial products. Our company does not provide guarantees and does not express opinions about appropriateness or suitability of investments.
No information shall be regarded as investment advice (general or individual). Financial products or transactions mentioned in such information may not be suitable for your investment portfolio and may not meet your investment targets and expectations. You are solely responsible for any decision regarding financial products or transactions and you shall independently determine whether they are suitable for you, taking into account your interests, investment targets, investment horizon and tolerable risk level. Our company shall not bear any responsibility for the losses caused by financial transactions or investments in financial products mentioned on our website. We do not recommend making investment decisions guided solely by this information.
The information on our website is provided by stock exchanges, brokers and other content providers, and, in some cases, may arrive with a delay. Our company does not verify such information and shall waive any liability related to it.
Our company and our information and content providers, financial exchanges, brokers and also all affiliated companies and business partners: a) expressly waive any responsibility for the accuracy, validity and completeness of any data; b) shall not be liable for any mistakes, omissions or other flaws on such information, for delays and interruptions in their display, as well as for actions taken based on such information. Neither our company nor our information providers shall be liable for the damage caused by the use of the information provided here. The term ‘business partners’ in this case shall not imply any partnership or agency relationships as well as the creation of a joint venture between our company and any other organization.
You hereby confirm that you shall not copy, modify, reformat, download, store, reproduce, process, transfer or distribute any information published here or use such information for commercial purposes without prior written consent.
Traders Union as well as its external information and content providers retain exclusive copyright to the provided information.
Our company shall not be liable for the products and services advertised on our website.
General websites Disclaimer:
Traders Union (tradersunion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Risk disclosure:
Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.
That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Live MELI/ARS priceMercadoLibre to Argentine peso
In the absence of major changes in the economies of Latin American countries and controlled inflation, the long-term slow-growing trend is expected to continue for both Argentine peso (ARS) and EUR, according to analysts. By 2030, MELI shares could be valued at ARS 39,905.
MercadoLibre (MELI) is an Argentine company headquartered in Uruguay, the leader in e-commerce in Latin America, accounting for more than 15% of the internet traffic in the entire region.
Current MELI stock price ARS 15,180.
According to analytical forecasts, the price of MELI stocks may reach ARS 19,013.22 by the end of 2024, and it is expected to be - ARS 39,905 by the end of 2029.
Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Buy, and for the 1D (one-day) timeframe - Buy.
Key business areas of MercadoLibre:
- MercadoLibre marketplace — a platform for buying and selling of goods. Users can list their products for sale, as well as search for and purchase items listed by other users;
- Mercado Credito, Mercado Fondo — platforms providing financial services such as investment and lending. These services assist sellers and buyers in conducting purchases and sales on other MercadoLibre platforms more securely and conveniently;
- Mercado Envios — a platform for organizing logistics between users on other company platforms;
- Mercado Libre Ads — a platform for placing online purchase/sale advertisements with promotional features;
- Mercado Shops — a technological solution that allows users to set up and manage their own online stores.
MELI shares have deviated from historical highs in EUR, but a slow upward trend is maintained in the long term. In the mid-term, there is volatility with frequent, shallow declines and quick recoveries. In a 3-4 month span, movements of 10-15% in either direction are possible. In ARS, the share price is hitting historical highs due to high inflation in Argentina.
This brief overview provides fundamental indicators and metrics for MercadoLibre. It includes information on the company's financial condition, short and long-term forecasts based on technical analysis indicators, and factors influencing the value of MELI shares.
On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:
- Asset quotes are updated every minute.
- Price chart is updated every minute.
- Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
- Medium and long-term forecasts are updated every hour.
- Financial reporting data is updated quarterly.
