| MCK latest price $57.3600 (-1.53%) ($57.1500 - $58.3000) on Wed. May. 7, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 64 |
Latest Price | $57.3600(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.1% 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(55%) XLP(50%) IWM(49%) QQQ(46%) XLK(46%) |
Factors Impacting MCK price | MCK will decline at least -0.975% in a week (0% probabilities). TLT(-24%) SHY(-13%) TIP(-10%) GLD(0%) LQD(7%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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