| MCK latest price $36.2900 (0.03%) ($35.7500 - $37.0000) on Fri. Apr. 17, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 46 |
Latest Price | $36.2900(0.03%) |
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 0.7% 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(51%) XLP(47%) IWM(46%) QQQ(42%) XLY(42%) |
Factors Impacting MCK price | MCK will decline at least -1.675% in a week (0% probabilities). TLT(-24%) TIP(-11%) SHY(-9%) LQD(1%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.675% (StdDev 3.35%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|