| MCK latest price $359.2400 (-1.11%) ($356.9600 - $363.2400) on Wed. Apr. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 30 |
Latest Price | $359.2400(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.2% a day on average for past five trading days. |
Weekly Trend | MCK declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(20%) SPLV(19%) TBT(16%) UNG(15%) URA(15%) |
Factors Impacting MCK price | MCK will decline at least -0.575% in a week (0% probabilities). SMH(-23%) IDRV(-21%) IWN(-20%) IWC(-20%) IBUY(-20%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.4% |
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