(MercadoLibre Inc)

	MELI latest price $610.9200 (0.28%) ($607.3400 - $614.3950) on Thu. Jun. 27, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	3.17% (three month average)
RSI	55
Latest Price	$610.9200(0.28%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI declines -0.8% a day on average for past five trading days.
Weekly Trend	MELI declines -0.2% 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(71%)    IPO(71%)    ONLN(69%)    IWF(68%)    QQQ(68%)
Factors Impacting MELI price	MELI will decline at least -1.585% in a week (0% probabilities).   VIXM(-40%)    VXX(-17%)    UUP(-11%)    TLT(-4%)    IFRA(0%)
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.585% (StdDev 3.17%)
Hourly BBV	0 ()
Intraday Trend	0.3%

5 Day Moving Average	$617.56(-1.08%)
10 Day Moving Average	$621.91(-1.77%)
20 Day Moving Average	$608.91(0.33%)
To recent high	-4.7%
To recent low	26.7%
Market Cap	$30.369b

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.

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