| MCO latest price $321.3800 (2.02%) ($315.1500 - $322.2900) on Mon. May. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 68 |
Latest Price | $321.3800(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.7% 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 | 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(78%) IVE(75%) IVW(73%) IWF(71%) VT(71%) |
Factors Impacting MCO price | MCO will decline at least -0.645% in a week (0% probabilities). VIXM(-64%) VXX(-63%) TBT(-41%) UUP(-32%) USO(5%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.1% |
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