| MCHI latest price $72.9400 (2%) ($72.5200 - $73.1600) on Mon. Aug. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 49 |
Latest Price | $72.9400(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MCHI advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCHI declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCHI advance at 0% a week (0% probability) FXI(98%) KWEB(95%) EEM(88%) VWO(70%) ONLN(62%) |
Factors Impacting MCHI price | MCHI will decline at least -0.905% in a week (0% probabilities). VIXM(-28%) UUP(-22%) VXX(-13%) IYT(-3%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|