| MCO latest price $294.2400 (3.11%) ($287.2400 - $294.3900) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 65 |
Latest Price | $294.2400(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 1.4% 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 | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IVW(73%) IWF(73%) SPY(73%) QQQ(70%) FIVG(66%) |
Factors Impacting MCO price | MCO will decline at least -1.25% in a week (0% probabilities). VIXM(-37%) UUP(-32%) TBT(-15%) VXX(-10%) IGOV(1%) |
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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.4% |
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