| MCK latest price $157.0200 (-1.8%) ($156.0000 - $159.3100) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 56 |
Latest Price | $157.0200(-1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.3% 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(44%) IWD(44%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -1.155% 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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.2% |
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