| MCK latest price $78.4300 (0.38%) ($77.2200 - $78.9300) on Tue. Aug. 30, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 64 |
Latest Price | $78.4300(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK declines -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(50%) XLP(46%) IWM(44%) XLK(40%) XLY(40%) |
Factors Impacting MCK price | MCK will decline at least -1% in a week (0% probabilities). TLT(-23%) TIP(-10%) SHY(-6%) IGOV(-1%) LQD(2%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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