| MCK latest price $30.4100 (1.23%) ($30.0500 - $30.4100) on Fri. Jul. 16, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 27 |
Latest Price | $30.4100(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK declines -5.2% 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%) XLK(44%) |
Factors Impacting MCK price | MCK will decline at least -1.13% in a week (0% probabilities). TLT(-22%) SHY(-13%) 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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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