| MCK latest price $153.5000 (3.83%) ($149.5000 - $153.8700) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 53 |
Latest Price | $153.5000(3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.2% a day on average for past five trading days. |
Weekly Trend | MCK declines -1.7% 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(47%) DIA(46%) IVE(45%) IWD(44%) VYM(44%) |
Factors Impacting MCK price | MCK will decline at least -1.2% in a week (0% probabilities). VIXM(-27%) UUP(-11%) VXX(-9%) TLT(-8%) 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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.4% |
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