(MercadoLibre Inc)

	MELI latest price $578.7400 (19.98%) ($529.1900 - $589.5640) on Fri. May. 3, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	4.02% (three month average)
RSI	69
Latest Price	$578.7400(19.98%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI advances 3.7% a day on average for past five trading days.
Weekly Trend	MELI advances 0.5% 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(70%)    IPO(70%)    ONLN(69%)    IWF(67%)    QQQ(67%)
Factors Impacting MELI price	MELI will decline at least -2.01% in a week (0% probabilities).   VXX(-13%)    VIXM(-7%)    TLT(-4%)    IFRA(1%)    SHY(2%)
Explanation	The rally is not sustainable and not supported by the broad market.
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-2.01% (StdDev 4.02%)
Hourly BBV	0 ()
Intraday Trend	6.8%

5 Day Moving Average	$504.85(14.64%)
10 Day Moving Average	$498.48(16.1%)
20 Day Moving Average	$501.04(15.51%)
To recent high	0%
To recent low	66.4%
Market Cap	$28.769b

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