| MCK latest price $128.6000 (0.7%) ($127.8000 - $129.6200) on Thu. Sep. 12, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 74 |
Latest Price | $128.6000(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.7% 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(49%) XLP(45%) IWM(43%) XAR(41%) QQQ(38%) |
Factors Impacting MCK price | MCK will decline at least -0.56% in a week (0% probabilities). TLT(-21%) TIP(-9%) SHY(-6%) IGOV(-5%) BNDX(-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 | -0.56% (StdDev 1.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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