| MCK latest price $170.9500 (2.96%) ($167.8590 - $174.0500) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 61 |
Latest Price | $170.9500(2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 3.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(46%) IVE(43%) IWD(43%) XLV(43%) |
Factors Impacting MCK price | MCK will decline at least -0.92% in a week (0% probabilities). VIXM(-29%) UUP(-12%) 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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.4% |
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