| MCK latest price $74.0000 (-1.15%) ($73.3600 - $74.4900) on Fri. Jan. 7, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 83 |
Latest Price | $74.0000(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.1% 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%) XLY(42%) EWG(41%) |
Factors Impacting MCK price | MCK will decline at least -0.635% in a week (0% probabilities). TLT(-24%) TIP(-11%) SHY(-7%) 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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|