| MCK latest price $129.3800 (1.8%) ($126.7400 - $130.5800) on Fri. Aug. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 60 |
Latest Price | $129.3800(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(59%) IVE(57%) IWD(57%) SDY(57%) SPLV(57%) |
Factors Impacting MCK price | MCK will decline at least -0.78% in a week (0% probabilities). TLT(-23%) VIXM(-12%) DIA(-11%) VXX(-10%) GDXJ(-10%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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