| MCK latest price $130.4700 (-0.26%) ($130.2400 - $131.8200) on Mon. Nov. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 54 |
Latest Price | $130.4700(-0.26%) |
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 3.7% 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(-11%) GDXJ(-11%) VXX(-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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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