| MCK latest price $154.8900 (-1.16%) ($153.9650 - $157.4800) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 41 |
Latest Price | $154.8900(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCK declines -2% a week on average for past two weeks. |
Market Behavior | Growth stock 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(48%) DIA(47%) IVE(46%) IWD(45%) XLV(45%) |
Factors Impacting MCK price | MCK will decline at least -1.715% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-9%) TLT(-9%) 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 | -1.715% (StdDev 3.43%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1% |
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