| MCK latest price $202.6300 (1.81%) ($199.4400 - $204.1200) on Fri. Jul. 23, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 68 |
Latest Price | $202.6300(1.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(41%) XLV(40%) IVE(38%) IWD(38%) |
Factors Impacting MCK price | MCK will decline at least -0.77% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.3% |
| |
|
|