| MCK latest price $152.0000 (0.16%) ($150.7290 - $152.1100) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 50 |
Latest Price | $152.0000(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.2% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(45%) IVE(44%) IWD(44%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -1.15% 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 | -1.15% (StdDev 2.3%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0.8% |
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