| MCK latest price $346.6900 (2.63%) ($336.6200 - $346.9750) on Fri. Aug. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 69 |
Latest Price | $346.6900(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.4% 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(37%) DIA(29%) IWD(22%) IVE(21%) XLV(20%) |
Factors Impacting MCK price | MCK will decline at least -0.835% in a week (0% probabilities). VIXM(-13%) SMH(-11%) IBUY(-11%) KWEB(-9%) UUP(-8%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3% |
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