| MCK latest price $245.3400 (1.89%) ($241.0500 - $245.4600) on Mon. Dec. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 87 |
Latest Price | $245.3400(1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% 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(39%) XLV(37%) IVE(35%) IWD(35%) |
Factors Impacting MCK price | MCK will decline at least -0.69% in a week (0% probabilities). VIXM(-22%) UUP(-13%) KWEB(-5%) VXX(-3%) 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 | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.8% |
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