| MCK latest price $153.2800 (-1.1%) ($152.0600 - $153.9000) on Mon. Oct. 28, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 85 |
Latest Price | $153.2800(-1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.7% a day on average for past five trading days. |
Weekly Trend | MCK advances 4.5% 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(49%) XLP(45%) IWM(43%) XAR(41%) QQQ(38%) |
Factors Impacting MCK price | MCK will decline at least -0.6% 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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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