| MCO latest price $312.8500 (0.57%) ($310.4400 - $315.1200) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 73 |
Latest Price | $312.8500(0.57%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) SPY(81%) IVW(80%) IWF(80%) IVE(77%) QQQ(77%) |
Factors Impacting MCO price | MCO will decline at least -1.05% in a week (0% probabilities). UUP(-37%) TBT(-24%) VIXM(-20%) EDOC(1%) VXX(2%) |
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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.4% |
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