| MCO latest price $357.7800 (-0.3%) ($356.6500 - $359.6200) on Fri. Jul. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 62 |
Latest Price | $357.7800(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCO advances 2.1% 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(94%) IVW(91%) IVE(89%) DIA(88%) GLD(81%) |
Factors Impacting MCO price | MCO will decline at least -0.565% in a week (0% probabilities). VXX(-79%) VIXM(-77%) TBT(-50%) UUP(-38%) EDOC(4%) |
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 | -0.565% (StdDev 1.13%) |
Hourly BBV | -1.9 () |
Intraday Trend | -0.5% |
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