| MCK latest price $156.6700 (0.08%) ($155.8100 - $158.9170) on Fri. Oct. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 59 |
Latest Price | $156.6700(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(47%) DIA(46%) IVE(44%) IWD(43%) XLV(43%) |
Factors Impacting MCK price | MCK will decline at least -0.855% in a week (0% probabilities). VIXM(-29%) UUP(-11%) VXX(-9%) TLT(-7%) 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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.3% |
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