(MercadoLibre Inc)

	MELI latest price $315.5700 (-1.03%) ($314.1100 - $322.4800) on Thu. Dec. 28, 2017.
	Trend Analysis and Forecast
Average Daily Percentage Swing	2.95% (three month average)
RSI	78
Latest Price	$315.5700(-1.03%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI advances 0.1% a day on average for past five trading days.
Weekly Trend	MELI advances 4% a week on average for past two weeks.
Market Behavior	Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs	Broad market will support MELI advance at 0% a week (0% probability)   IBUY(68%)    QQQ(65%)    IWF(64%)    ARKK(62%)    IVW(62%)
Factors Impacting MELI price	MELI will decline at least -1.475% in a week (0% probabilities).   VIXM(-13%)    UUP(-11%)    TLT(-5%)    SHY(-1%)    IGOV(3%)
Explanation	The rally is not sustainable and not supported by the broad market.
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.475% (StdDev 2.95%)
Hourly BBV	0 ()
Intraday Trend	-1.2%

5 Day Moving Average	$317.17(-0.5%)
10 Day Moving Average	$319.39(-1.2%)
20 Day Moving Average	$301.64(4.62%)
To recent high	-4.1%
To recent low	42.5%
Market Cap	$15.687b

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