| MCK latest price $180.8500 (1.03%) ($178.5800 - $181.9200) on Wed. Dec. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 54 |
Latest Price | $180.8500(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.4% 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(44%) IVE(41%) IWD(41%) XLV(41%) |
Factors Impacting MCK price | MCK will decline at least -1.03% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-8%) TLT(-6%) 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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.1% |
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