| MCK latest price $153.4200 (-0.67%) ($151.8400 - $154.2400) on Thu. Jun. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 45 |
Latest Price | $153.4200(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK declines -2.4% 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%) SDY(46%) |
Factors Impacting MCK price | MCK will decline at least -1.76% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.76% (StdDev 3.52%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0.1% |
| |
|
|