| MCK latest price $224.2300 (2.42%) ($217.5300 - $225.2950) on Wed. Nov. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 74 |
Latest Price | $224.2300(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 2% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.4% 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(47%) DIA(40%) XLV(38%) IVE(36%) IWD(36%) |
Factors Impacting MCK price | MCK will decline at least -0.68% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-5%) 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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.4% |
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