| MCK latest price $183.0200 (2.29%) ($179.5100 - $183.7600) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 75 |
Latest Price | $183.0200(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.1% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.6% 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(48%) DIA(43%) XLV(41%) IVE(40%) IWD(40%) |
Factors Impacting MCK price | MCK will decline at least -0.995% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-8%) TLT(-5%) 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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 1 () |
Intraday Trend | 1.7% |
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