(MercadoLibre Inc)

	MELI latest price $574.8800 (0.09%) ($564.6800 - $577.6600) on Mon. May. 20, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	4.17% (three month average)
RSI	71
Latest Price	$574.8800(0.09%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI advances 1.1% a day on average for past five trading days.
Weekly Trend	MELI advances 5.3% a week on average for past two weeks.
Market Behavior	Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs	Broad market will support MELI advance at 0% a week (0% probability)   IBUY(71%)    IPO(70%)    ONLN(69%)    QQQ(68%)    IWF(67%)
Factors Impacting MELI price	MELI will decline at least -2.085% in a week (0% probabilities).   VXX(-17%)    UUP(-11%)    VIXM(-7%)    TLT(-4%)    IFRA(0%)
Explanation	The rally is not sustainable and not supported by the broad market.
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-2.085% (StdDev 4.17%)
Hourly BBV	0 ()
Intraday Trend	0.3%

5 Day Moving Average	$576.06(-0.2%)
10 Day Moving Average	$560.98(2.48%)
20 Day Moving Average	$534.81(7.49%)
To recent high	-3.4%
To recent low	57.5%
Market Cap	$28.577b

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