| MCK latest price $58.5600 (0.55%) ($57.7600 - $58.5600) on Fri. Feb. 15, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 44 |
Latest Price | $58.5600(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK declines -3.2% 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(54%) XLP(50%) IWM(49%) QQQ(46%) EWG(45%) |
Factors Impacting MCK price | MCK will decline at least -0.805% in a week (0% probabilities). TLT(-24%) SHY(-13%) TIP(-10%) GLD(-1%) LQD(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|