| MCK latest price $246.4900 (0.47%) ($245.5000 - $247.4600) on Tue. Dec. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 87 |
Latest Price | $246.4900(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off 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 -0.685% 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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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