(MercadoLibre Inc)

	MELI latest price $172.9740 (0.98%) ($170.4642 - $173.1134) on Thu. Sep. 1, 2016.
	Trend Analysis and Forecast
Average Daily Percentage Swing	2.26% (three month average)
RSI	62
Latest Price	$172.9740(0.98%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI advances 0.8% a day on average for past five trading days.
Weekly Trend	MELI advances 0.4% a week on average for past two weeks.
Market Behavior	Normal for large cap. Growth stock rally for small cap.
Correlated ETFs	Broad market will support MELI advance at 0% a week (0% probability)   QQQ(63%)    IWF(62%)    IVW(61%)    SKYY(61%)    ARKK(60%)
Factors Impacting MELI price	MELI will decline at least -1.13% in a week (0% probabilities).   VIXM(-14%)    UUP(-11%)    IPO(-5%)    TLT(-4%)    SHY(-1%)
Explanation	The rally is not sustainable and not supported by the broad market.
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.13% (StdDev 2.26%)
Hourly BBV	0 ()
Intraday Trend	0.6%

5 Day Moving Average	$168.53(2.64%)
10 Day Moving Average	$167.42(3.32%)
20 Day Moving Average	$168.16(2.86%)
To recent high	-0%
To recent low	37%
Market Cap	$8.599b

MercadoLibre, Inc. engages in the provision of online commerce platform with focus on e-commerce and its related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The firm provides users a mechanism for buying, selling and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Buenos Aires, Argentina.

getNextHourMoveProbability failed