| MCK latest price $236.0900 (0.78%) ($234.4900 - $238.6700) on Tue. Dec. 21, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 84 |
Latest Price | $236.0900(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.6% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.8% 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(39%) XLV(37%) IVE(35%) IWD(35%) |
Factors Impacting MCK price | MCK will decline at least -0.68% in a week (0% probabilities). VIXM(-23%) UUP(-13%) KWEB(-5%) VXX(-3%) MCHI(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.68% (StdDev 1.36%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
| |
|
|