| MCK latest price $406.2000 (1.53%) ($399.6200 - $407.7900) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 57 |
Latest Price | $406.2000(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.2% 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) TBT(24%) XLV(24%) SPLV(21%) IGOV(16%) EDOC(14%) |
Factors Impacting MCK price | MCK will decline at least -0.7% in a week (0% probabilities). IDRV(-27%) TLT(-25%) JETS(-25%) IWC(-25%) IBUY(-25%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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