| MCO latest price $248.8500 (1.32%) ($246.4200 - $249.4300) on Thu. Jan. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 78 |
Latest Price | $248.8500(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.6% a day on average for past five trading days. |
Weekly Trend | MCO advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) SPY(81%) IVW(79%) IWF(79%) DIA(77%) IWD(76%) |
Factors Impacting MCO price | MCO will decline at least -0.45% in a week (0% probabilities). VIXM(-52%) VXX(-20%) UUP(-15%) TLT(-6%) TBT(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.45% (StdDev 0.9%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
| |
|
|