| MCK latest price $276.5300 (1.39%) ($273.0370 - $279.1100) on Wed. Mar. 9, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 50 |
Latest Price | $276.5300(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.2% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.2% 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(38%) XLV(35%) IVE(33%) IWD(33%) |
Factors Impacting MCK price | MCK will decline at least -0.625% in a week (0% probabilities). VIXM(-22%) UUP(-13%) KWEB(-7%) MCHI(-4%) IBUY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.6% |
| |
|
|