| MCK latest price $224.8300 (0.88%) ($222.3900 - $226.1200) on Fri. Nov. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 73 |
Latest Price | $224.8300(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(40%) XLV(38%) IVE(36%) IWD(36%) |
Factors Impacting MCK price | MCK will decline at least -0.65% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-5%) KWEB(-4%) MCHI(-2%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.6% |
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