| MCK latest price $150.9100 (-1.64%) ($150.3950 - $154.8900) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 59 |
Latest Price | $150.9100(-1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(46%) IVE(46%) IWD(45%) XLV(45%) |
Factors Impacting MCK price | MCK will decline at least -1.3% 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 | -1.3% (StdDev 2.6%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.6% |
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