| MCK latest price $29.2000 (0.1%) ($29.1100 - $29.4600) on Mon. Nov. 29, 2004. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 61 |
Latest Price | $29.2000(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.6% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.4% 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(53%) XLP(49%) IWM(48%) QQQ(45%) EWG(44%) |
Factors Impacting MCK price | MCK will decline at least -1.36% in a week (0% probabilities). TLT(-22%) SHY(-12%) TIP(-10%) GLD(-0%) REMX(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|