| MCK latest price $280.1600 (2.32%) ($274.7050 - $281.4500) on Thu. Mar. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 57 |
Latest Price | $280.1600(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(36%) IVE(34%) IWD(34%) |
Factors Impacting MCK price | MCK will decline at least -0.615% in a week (0% probabilities). VIXM(-22%) UUP(-13%) KWEB(-6%) MCHI(-4%) IBUY(-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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.6% |
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