| MCK latest price $111.0600 (0.25%) ($107.7600 - $111.1200) on Thu. Dec. 27, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2% (three month average) |
RSI | 20 |
Latest Price | $111.0600(0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -5.9% 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(59%) IVE(57%) IWD(57%) SDY(57%) SPLV(57%) |
Factors Impacting MCK price | MCK will decline at least -1% in a week (0% probabilities). TLT(-24%) DIA(-15%) VIXM(-11%) GDXJ(-11%) VXX(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|