| MCK latest price $358.7600 (-0.24%) ($357.8100 - $363.1900) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 73 |
Latest Price | $358.7600(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.2% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -0.75% 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.1% |
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