| MCK latest price $84.3200 (0.38%) ($83.7000 - $84.6700) on Wed. Jul. 6, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.95% (three month average) |
RSI | 54 |
Latest Price | $84.3200(0.38%) |
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 0.5% 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(41%) XLK(41%) |
Factors Impacting MCK price | MCK will decline at least -0.475% in a week (0% probabilities). TLT(-24%) TIP(-11%) SHY(-6%) IGOV(-0%) GLD(0%) |
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 | -0.475% (StdDev 0.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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