| MCK latest price $186.0700 (2.51%) ($181.0000 - $186.8100) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 54 |
Latest Price | $186.0700(2.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.8% 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%) IVE(41%) XLV(41%) IWD(40%) |
Factors Impacting MCK price | MCK will decline at least -0.86% in a week (0% probabilities). VIXM(-28%) UUP(-12%) 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.6% |
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