| MCK latest price $34.9400 (4.42%) ($33.4500 - $34.9600) on Tue. May. 25, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 57 |
Latest Price | $34.9400(4.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.1% 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%) XLK(44%) |
Factors Impacting MCK price | MCK will decline at least -1.005% 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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
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