| MCK latest price $368.5600 (0.32%) ($364.3300 - $369.4300) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 68 |
Latest Price | $368.5600(0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(38%) DIA(30%) IWD(23%) IVE(22%) XLV(21%) |
Factors Impacting MCK price | MCK will decline at least -0.69% in a week (0% probabilities). VIXM(-14%) SMH(-11%) IBUY(-10%) UUP(-8%) KWEB(-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 | -0.69% (StdDev 1.38%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.1% |
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