(MercadoLibre Inc)

	MELI latest price $614.1000 (2.22%) ($0.0000 - $0.0000) on Wed. Aug. 7, 2019.
	Trend Analysis and Forecast
Average Daily Percentage Swing	2.2% (three month average)
RSI	42
Latest Price	$614.1000(2.22%)
Stocks Behave Similarly	Similar Stock List
Daily Trend	MELI declines -0.2% a day on average for past five trading days.
Weekly Trend	MELI declines -2.9% a week on average for past two weeks.
Market Behavior	Normal for large cap. Normal 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 -1.1% in a week (0% probabilities).   VIXM(-40%)    VXX(-17%)    UUP(-11%)    TLT(-4%)    IFRA(0%)
Relative Volatility	(options are extremely cheap)
Market Trend Strength	-1.1% (StdDev 2.2%)
Hourly BBV	0 ()
Intraday Trend	INF%

Resistance Level	$631.41
5 Day Moving Average	$606(1.34%)
10 Day Moving Average	$623.29(-1.47%)
20 Day Moving Average	$631.41(-2.74%)
To recent high	-7%
To recent low	14.5%
Market Cap	$30.527b

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