| MCO latest price $292.9200 (-0.47%) ($290.5800 - $294.2700) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 64 |
Latest Price | $292.9200(-0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 1% a day on average for past five trading days. |
Weekly Trend | MCO advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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 -1.175% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.175% (StdDev 2.35%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.2% |
| |
|
|