| MCK latest price $155.9800 (1.62%) ($153.4500 - $157.0200) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 52 |
Latest Price | $155.9800(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.1% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -1.135% 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 | -1.135% (StdDev 2.27%) |
Hourly BBV | -1.4 () |
Intraday Trend | 1.3% |
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