| MCK latest price $157.1500 (1.17%) ($152.8200 - $157.4600) on Mon. Jul. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 70 |
Latest Price | $157.1500(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 4.1% 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(47%) DIA(46%) IVE(44%) IWD(44%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -1.11% 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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.7% |
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