| MCO latest price $278.0100 (-0.14%) ($277.8600 - $284.2100) on Thu. Jul. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 62 |
Latest Price | $278.0100(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCO advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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(66%) |
Factors Impacting MCO price | MCO will decline at least -1.36% in a week (0% probabilities). VIXM(-38%) UUP(-32%) TBT(-14%) VXX(-10%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.36% (StdDev 2.72%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.7% |
| |
|
|