| MCK latest price $365.8500 (-0.3%) ($365.7500 - $370.3300) on Tue. Feb. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 41 |
Latest Price | $365.8500(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(30%) XLV(30%) XLP(21%) DIA(18%) URA(17%) |
Factors Impacting MCK price | MCK will decline at least -0.6% in a week (0% probabilities). SMH(-20%) VXX(-18%) IBUY(-18%) IDRV(-16%) TLT(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|