(MercadoLibre Inc)

	MELI latest price $497.9600 (3.23%) ($482.8400 - $500.5920) on Wed. Mar. 20, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	3.99% (three month average)
RSI	64
Latest Price	$497.9600(3.23%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI declines -0.4% a day on average for past five trading days.
Weekly Trend	MELI advances 3.1% a week on average for past two weeks.
Market Behavior	Value stocks 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(70%)    IPO(70%)    ONLN(68%)    IWF(67%)    QQQ(67%)
Factors Impacting MELI price	MELI will decline at least -1.995% in a week (0% probabilities).   VXX(-13%)    UUP(-13%)    VIXM(-8%)    TLT(-4%)    XHB(0%)
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.995% (StdDev 3.99%)
Hourly BBV	0 ()
Intraday Trend	2.7%

5 Day Moving Average	$489.68(1.69%)
10 Day Moving Average	$482.91(3.12%)
20 Day Moving Average	$455.2(9.39%)
To recent high	-2%
To recent low	93.4%
Market Cap	$24.754b

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