The Relative Strength (RS) Rating for MercadoLibre climbed into a new percentile Monday, as it got a lift from 65 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 as they begin their largest runs. See if MercadoLibre can continue to show renewed price strength and clear that threshold.
MercadoLibre is trying to complete a flat base with a 2,645.22 entry. See if the stock can break out in volume at least 40% above average.
MercadoLibre posted -2% EPS growth in the latest quarterly report. Sales gains came in at 34%.
MercadoLibre earns the No. 5 rank among its peers in the Retail-Internet industry group. Sea ADR is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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