| MCK latest price $31.8800 (-1.91%) ($31.8000 - $32.6000) on Thu. Apr. 22, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 67 |
Latest Price | $31.8800(-1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPY(52%) XLP(48%) IWM(47%) QQQ(44%) EWG(43%) |
Factors Impacting MCK price | MCK will decline at least -0.87% in a week (0% probabilities). TLT(-22%) SHY(-12%) TIP(-10%) REMX(-0%) LQD(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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