(MercadoLibre Inc)

	MELI latest price $295.7612 (3.12%) ($288.0367 - $295.8511) on Mon. May. 15, 2017.
	Trend Analysis and Forecast
Average Daily Percentage Swing	2.52% (three month average)
RSI	92
Latest Price	$295.7612(3.12%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI advances 1.5% a day on average for past five trading days.
Weekly Trend	MELI advances 11.6% 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(66%)    QQQ(64%)    IWF(63%)    ARKK(61%)    IVW(61%)
Factors Impacting MELI price	MELI will decline at least -1.26% in a week (0% probabilities).   VIXM(-13%)    UUP(-11%)    TLT(-5%)    IPO(-5%)    SHY(-1%)
Explanation	The rally is not sustainable and not supported by the broad market.
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.26% (StdDev 2.52%)
Hourly BBV	0 ()
Intraday Trend	2.2%

5 Day Moving Average	$285.22(3.7%)
10 Day Moving Average	$269.33(9.81%)
20 Day Moving Average	$248.55(18.99%)
To recent high	0%
To recent low	49.7%
Market Cap	$14.702b

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