| MCK latest price $193.1800 (0.95%) ($189.9500 - $193.3600) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 48 |
Latest Price | $193.1800(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK declines -1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(47%) DIA(41%) XLV(39%) IVE(38%) IWD(38%) |
Factors Impacting MCK price | MCK will decline at least -0.73% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-7%) KWEB(-6%) TLT(-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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0.9% |
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