| MCK latest price $154.8100 (0.94%) ($153.4600 - $155.7250) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 58 |
Latest Price | $154.8100(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.6% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal 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(46%) IVE(45%) IWD(44%) VYM(44%) |
Factors Impacting MCK price | MCK will decline at least -1.19% in a week (0% probabilities). VIXM(-27%) UUP(-11%) VXX(-9%) TLT(-8%) KWEB(-4%) |
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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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