| MCK latest price $130.8100 (-1.33%) ($129.7000 - $132.9500) on Fri. Nov. 9, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 55 |
Latest Price | $130.8100(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.855% in a week (0% probabilities). TLT(-24%) DIA(-13%) VIXM(-12%) VXX(-10%) GDXJ(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.855% (StdDev 1.71%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|