| MCK latest price $218.8900 (1.7%) ($213.1900 - $219.0000) on Thu. Jan. 22, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 73 |
Latest Price | $218.8900(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(57%) IVE(52%) VYM(51%) SPY(48%) VT(46%) |
Factors Impacting MCK price | MCK will decline at least -0.565% in a week (0% probabilities). TLT(-21%) VIXM(-20%) TIP(-8%) SHY(-6%) UUP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|