(MercadoLibre Inc)

	MELI latest price $484.3800 (-0.05%) ($483.5600 - $493.0400) on Wed. May. 1, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	3.24% (three month average)
RSI	33
Latest Price	$484.3800(-0.05%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI declines -0.1% a day on average for past five trading days.
Weekly Trend	MELI declines -1.9% 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(70%)    IPO(70%)    ONLN(69%)    IWF(67%)    QQQ(67%)
Factors Impacting MELI price	MELI will decline at least -1.62% in a week (0% probabilities).   VXX(-13%)    UUP(-13%)    VIXM(-7%)    TLT(-4%)    IFRA(1%)
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.62% (StdDev 3.24%)
Hourly BBV	0 ()
Intraday Trend	-0.7%

Resistance Level	$498.06
5 Day Moving Average	$487.97(-0.74%)
10 Day Moving Average	$490.52(-1.25%)
20 Day Moving Average	$498.06(-2.75%)
To recent high	-6.4%
To recent low	39.3%
Market Cap	$24.079b

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