| MCK latest price $294.9200 (1.22%) ($289.9500 - $295.2100) on Thu. Mar. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 70 |
Latest Price | $294.9200(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.5% 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(46%) DIA(38%) XLV(35%) IVE(33%) IWD(33%) |
Factors Impacting MCK price | MCK will decline at least -0.63% in a week (0% probabilities). VIXM(-21%) UUP(-13%) KWEB(-6%) MCHI(-4%) IBUY(-4%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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