| MCK latest price $68.8100 (-1.7%) ($68.6500 - $70.2200) on Tue. Jun. 1, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 62 |
Latest Price | $68.8100(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.2% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.6% 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(51%) XLP(47%) IWM(46%) QQQ(42%) XLY(42%) |
Factors Impacting MCK price | MCK will decline at least -0.825% in a week (0% probabilities). TLT(-25%) TIP(-11%) SHY(-7%) LQD(0%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|