| MCK latest price $163.1900 (2.67%) ($156.4200 - $163.3500) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 83 |
Latest Price | $163.1900(2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 8.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(49%) DIA(48%) IVE(47%) IWD(47%) XLV(47%) |
Factors Impacting MCK price | MCK will decline at least -2.21% in a week (0% probabilities). VIXM(-29%) UUP(-11%) VXX(-10%) TLT(-10%) KWEB(-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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 2.1 () |
Intraday Trend | 2.7% |
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