GLBE
Price
$33.50
Change
-$0.43 (-1.27%)
Updated
Apr 24, 2:08 PM EST
36 days until earnings call
MELI
Price
$1370.00
Change
-$25.00 (-1.79%)
Updated
Apr 24, 6:59 PM EST
8 days until earnings call
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Compare predictions GLBE vs MELI

Header iconGLBE vs MELI Comparison
Open Charts GLBE vs MELIBanner chart's image
Global-E Online
Price$33.50
Change-$0.43 (-1.27%)
Volume$100
CapitalizationN/A
MercadoLibre
Price$1370.00
Change-$25.00 (-1.79%)
Volume$128K
CapitalizationN/A
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GLBE vs MELI Comparison Chart

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GLBEDaily Signal changed days agoGain/Loss if shorted
 
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MELIDaily Signal changed days agoGain/Loss if shorted
 
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GLBE vs. MELI commentary
Apr 24, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is GLBE is a Hold and MELI is a StrongSell.

COMPARISON
Comparison
Apr 24, 2024
Stock price -- (GLBE: $33.93 vs. MELI: $1395.00)
Brand notoriety: GLBE and MELI are both not notable
Both companies represent the Internet Retail industry
Current volume relative to the 65-day Moving Average: GLBE: 57% vs. MELI: 101%
Market capitalization -- GLBE: $5.64B vs. MELI: $70.72B
GLBE [@Internet Retail] is valued at $5.64B. MELI’s [@Internet Retail] market capitalization is $70.72B. The market cap for tickers in the [@Internet Retail] industry ranges from $1.87T to $0. The average market capitalization across the [@Internet Retail] industry is $31.29B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

GLBE’s FA Score shows that 0 FA rating(s) are green whileMELI’s FA Score has 1 green FA rating(s).

  • GLBE’s FA Score: 0 green, 5 red.
  • MELI’s FA Score: 1 green, 4 red.
According to our system of comparison, MELI is a better buy in the long-term than GLBE.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

GLBE’s TA Score shows that 1 TA indicator(s) are bullish while MELI’s TA Score has 4 bullish TA indicator(s).

  • GLBE’s TA Score: 1 bullish, 6 bearish.
  • MELI’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, MELI is a better buy in the short-term than GLBE.

Price Growth

GLBE (@Internet Retail) experienced а -0.06% price change this week, while MELI (@Internet Retail) price change was -0.21% for the same time period.

The average weekly price growth across all stocks in the @Internet Retail industry was +1.85%. For the same industry, the average monthly price growth was -3.21%, and the average quarterly price growth was +43.07%.

Reported Earning Dates

GLBE is expected to report earnings on Aug 13, 2024.

MELI is expected to report earnings on Jul 31, 2024.

Industries' Descriptions

@Internet Retail (+1.85% weekly)

The internet retail industry includes companies that sell products and services through the Internet. With more and more consumers using online retailers, the companies have seen a big increase in the use of their services. Some of the companies in the group are focused on selling business-to-business products and services. Others sell business-to-consumer products and services. Internet retailers offer a wide variety of products like books, apparel, and electronics. Some companies even specialize in only one or two categories. One potentially critical factor for players to thrive in this space is the quality and speed of product delivery. This requires an investment in efficient distribution networks. Things like logistics are important factors in the success in the extremely competitive industry. For a company to stay relevant in the industry it must have effective pricing strategies and upgraded websites. The websites must be easy to navigate and engaging for customers. In addition to the revenues generated from straight sales, internet retailers can generate revenue from subscription fees and advertising. Amazon.com, Inc., Alibaba Group, and JD.com are some of the global leaders.

SUMMARIES
A.I.dvisor published
a Summary for GLBE with price predictions.
OPEN
A.I.dvisor published
a Summary for MELI with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
MELI($70.7B) has a higher market cap than GLBE($5.64B). MELI YTD gains are higher at: -11.234 vs. GLBE (-14.383).
GLBEMELIGLBE / MELI
Capitalization5.64B70.7B8%
EBITDAN/AN/A-
Gain YTD-14.383-11.234128%
P/E RatioN/A71.69-
RevenueN/AN/A-
Total CashN/AN/A-
Total DebtN/AN/A-
FUNDAMENTALS RATINGS
MELI: Fundamental Ratings
MELI
OUTLOOK RATING
1..100
54
VALUATION
overvalued / fair valued / undervalued
1..100
90
Overvalued
PROFIT vs RISK RATING
1..100
44
SMR RATING
1..100
24
PRICE GROWTH RATING
1..100
62
P/E GROWTH RATING
1..100
90
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
GLBEMELI
RSI
ODDS (%)
N/A
Bullish Trend 2 days ago
80%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
77%
Momentum
ODDS (%)
Bearish Trend 2 days ago
77%
Bearish Trend 2 days ago
70%
MACD
ODDS (%)
Bearish Trend 2 days ago
81%
Bearish Trend 2 days ago
70%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
84%
Bearish Trend 2 days ago
72%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
87%
Bearish Trend 2 days ago
76%
Advances
ODDS (%)
N/A
Bullish Trend 2 days ago
78%
Declines
ODDS (%)
Bearish Trend 3 days ago
86%
Bearish Trend 6 days ago
71%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
75%
Bullish Trend 2 days ago
87%
Aroon
ODDS (%)
Bearish Trend 2 days ago
90%
Bearish Trend 2 days ago
69%
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GLBEDaily Signal changed days agoGain/Loss if shorted
 
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MELIDaily Signal changed days agoGain/Loss if shorted
 
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GLBE and

Correlation & Price change

A.I.dvisor indicates that over the last year, GLBE has been loosely correlated with WISH. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if GLBE jumps, then WISH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GLBE
1D Price
Change %
GLBE100%
+3.82%
WISH - GLBE
60%
Loosely correlated
+2.22%
CVNA - GLBE
55%
Loosely correlated
+5.85%
W - GLBE
33%
Poorly correlated
+5.52%
NEGG - GLBE
31%
Poorly correlated
+5.30%
AMZN - GLBE
29%
Poorly correlated
+1.30%
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