| MCK latest price $355.3600 (2.49%) ($346.0700 - $356.0600) on Tue. Oct. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 63 |
Latest Price | $355.3600(2.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.3% 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(34%) DIA(25%) IVE(17%) IWD(17%) XLV(15%) |
Factors Impacting MCK price | MCK will decline at least -0.725% in a week (0% probabilities). IBUY(-17%) SMH(-16%) ONLN(-12%) KWEB(-11%) IPO(-11%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.9% |
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