| MCK latest price $140.5600 (1.97%) ($137.3500 - $140.7400) on Wed. Jan. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 57 |
Latest Price | $140.5600(1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(63%) XLV(63%) VYM(62%) DIA(61%) IVE(61%) |
Factors Impacting MCK price | MCK will decline at least -1% in a week (0% probabilities). VIXM(-40%) TLT(-24%) VXX(-17%) TIP(-7%) BWX(-3%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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