| MCK latest price $59.5500 (1.31%) ($58.7500 - $59.9500) on Wed. Sep. 30, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 66 |
Latest Price | $59.5500(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.9% 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 -0.8% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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