| MCHI latest price $47.6750 (-1.49%) ($47.6750 - $47.6750) on Wed. Dec. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 62 |
Latest Price | $47.6750(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | MCHI advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCHI advances 4.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCHI advance at 0% a week (0% probability) FXI(99%) KWEB(95%) EEM(89%) IDRV(62%) LIT(62%) |
Factors Impacting MCHI price | MCHI will decline at least -1.365% in a week (0% probabilities). VIXM(-7%) VXX(-6%) IGOV(-5%) TLT(-4%) ARKK(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.365% (StdDev 2.73%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
| |
|
|