| MCK latest price $62.5300 (-0.52%) ($62.2400 - $62.9400) on Thu. May. 24, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.04% (three month average) |
RSI | 66 |
Latest Price | $62.5300(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPY(54%) XLP(50%) IWM(48%) EWG(45%) QQQ(45%) |
Factors Impacting MCK price | MCK will decline at least -0.52% in a week (0% probabilities). TLT(-24%) SHY(-14%) TIP(-11%) GLD(-0%) LQD(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.52% (StdDev 1.04%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|