| MCK latest price $56.6000 (0.41%) ($56.3700 - $57.0500) on Tue. Aug. 25, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 70 |
Latest Price | $56.6000(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.3% 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%) XLK(42%) |
Factors Impacting MCK price | MCK will decline at least -0.88% in a week (0% probabilities). TLT(-25%) TIP(-11%) SHY(-8%) IGOV(0%) LQD(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|