| MCK latest price $197.5400 (1.64%) ($194.0350 - $198.1800) on Wed. Jul. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.53% (three month average) |
RSI | 63 |
Latest Price | $197.5400(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.3% 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(42%) XLV(40%) IVE(38%) IWD(38%) |
Factors Impacting MCK price | MCK will decline at least -0.765% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-6%) KWEB(-5%) MCHI(-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 | -0.765% (StdDev 1.53%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.4% |
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