| MCO latest price $306.0800 (2.62%) ($300.6600 - $308.8700) on Thu. Dec. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 57 |
Latest Price | $306.0800(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.6% a day on average for past five trading days. |
Weekly Trend | MCO declines -0.1% 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) SPY(77%) IVE(75%) IVW(75%) IWF(75%) QQQ(72%) |
Factors Impacting MCO price | MCO will decline at least -1.355% in a week (0% probabilities). TBT(-14%) UUP(-9%) VIXM(-4%) VCSH(-4%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
| |
|
|