| MCK latest price $198.0300 (0.31%) ($197.5100 - $199.4300) on Thu. Jul. 14, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 65 |
Latest Price | $198.0300(0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% 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 | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(56%) IVE(52%) IWD(51%) VYM(51%) SDY(50%) |
Factors Impacting MCK price | MCK will decline at least -0.85% in a week (0% probabilities). TLT(-20%) VIXM(-16%) TIP(-8%) UUP(-6%) GDXJ(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|