| MCK latest price $156.7000 (2.14%) ($154.7700 - $158.4400) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 48 |
Latest Price | $156.7000(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -2% 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 -1.72% in a week (0% probabilities). VIXM(-29%) UUP(-12%) 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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.3% |
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