| MCK latest price $31.8300 (1.21%) ($31.6100 - $32.0500) on Tue. Sep. 7, 2004. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 70 |
Latest Price | $31.8300(1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.6% 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 -0.92% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.92% (StdDev 1.84%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|