| MCK latest price $161.6200 (1.32%) ($160.7000 - $165.0350) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 89 |
Latest Price | $161.6200(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(49%) DIA(48%) IVE(48%) IWD(47%) XLV(47%) |
Factors Impacting MCK price | MCK will decline at least -2.185% 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 | -2.185% (StdDev 4.37%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.4% |
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