| MCK latest price $322.0100 (-3.04%) ($312.9400 - $328.3600) on Thu. May. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 53 |
Latest Price | $322.0100(-3.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(43%) DIA(36%) IVE(30%) IWD(30%) XLV(30%) |
Factors Impacting MCK price | MCK will decline at least -0.815% in a week (0% probabilities). VIXM(-19%) UUP(-13%) KWEB(-5%) IBUY(-4%) SMH(-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 | -0.815% (StdDev 1.63%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.9% |
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