| MCK latest price $149.5900 (0.5%) ($148.6500 - $151.4100) on Wed. Feb. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 17 |
Latest Price | $149.5900(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK declines -3.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(59%) IVE(57%) IWD(56%) SDY(56%) VYM(56%) |
Factors Impacting MCK price | MCK will decline at least -0.8% in a week (0% probabilities). TLT(-23%) VIXM(-14%) GDXJ(-9%) DIA(-9%) UUP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|