| MCK latest price $43.7700 (1.79%) ($41.0600 - $43.9500) on Thu. Oct. 16, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 32 |
Latest Price | $43.7700(1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.4% a day on average for past five trading days. |
Weekly Trend | MCK declines -9.6% 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(48%) EWG(45%) QQQ(45%) |
Factors Impacting MCK price | MCK will decline at least -1.62% in a week (0% probabilities). TLT(-24%) SHY(-10%) TIP(-9%) GLD(3%) 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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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