| MCK latest price $191.2400 (-0.29%) ($190.4400 - $192.7600) on Wed. Jun. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 40 |
Latest Price | $191.2400(-0.29%) |
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 -0.6% 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(48%) DIA(42%) XLV(40%) IVE(39%) IWD(39%) |
Factors Impacting MCK price | MCK will decline at least -0.75% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-6%) KWEB(-5%) TLT(-3%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.2% |
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