| MCK latest price $394.7200 (1.71%) ($388.0800 - $396.0000) on Fri. Oct. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 84 |
Latest Price | $394.7200(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 5.1% 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(28%) DIA(18%) BND(9%) IVE(9%) IWD(9%) |
Factors Impacting MCK price | MCK will decline at least -0.755% in a week (0% probabilities). IBUY(-24%) SMH(-20%) ONLN(-18%) IPO(-17%) IDRV(-16%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.4% |
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