| MCO latest price $361.9700 (1.22%) ($358.0700 - $362.8000) on Thu. Jun. 24, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 76 |
Latest Price | $361.9700(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCO advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IWF(77%) SPY(77%) IVW(76%) QQQ(74%) FIVG(71%) |
Factors Impacting MCO price | MCO will decline at least -0.625% in a week (0% probabilities). VIXM(-39%) UUP(-34%) TBT(-16%) VXX(-7%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
| |
|
|