| MCO latest price $264.7900 (2.32%) ($259.1900 - $268.6400) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.6% (three month average) |
RSI | 66 |
Latest Price | $264.7900(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCO advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IWF(74%) IVW(73%) SPY(73%) QQQ(70%) FIVG(67%) |
Factors Impacting MCO price | MCO will decline at least -2.8% in a week (0% probabilities). VIXM(-40%) UUP(-32%) VXX(-12%) TBT(-12%) IGOV(-0%) |
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 | -2.8% (StdDev 5.6%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
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