| MCK latest price $57.9700 (0.26%) ($57.3600 - $58.2600) on Tue. Aug. 26, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 60 |
Latest Price | $57.9700(0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.5% 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(55%) XLP(50%) IWM(49%) QQQ(46%) EWG(45%) |
Factors Impacting MCK price | MCK will decline at least -0.85% in a week (0% probabilities). TLT(-24%) SHY(-12%) TIP(-10%) GLD(1%) LQD(8%) |
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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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