| MCK latest price $397.8600 (-0.77%) ($393.9400 - $400.5000) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 69 |
Latest Price | $397.8600(-0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 5% 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) TBT(23%) XLV(21%) SPLV(18%) UNG(13%) URA(13%) |
Factors Impacting MCK price | MCK will decline at least -0.715% in a week (0% probabilities). IDRV(-26%) IBUY(-25%) IWN(-24%) FIVG(-24%) XRT(-23%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.7% |
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