| MCK latest price $40.8900 (1.44%) ($40.0400 - $41.1300) on Fri. May. 22, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 57 |
Latest Price | $40.8900(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.2% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPY(51%) XLP(47%) IWM(46%) QQQ(42%) XLY(42%) |
Factors Impacting MCK price | MCK will decline at least -1.615% in a week (0% probabilities). TLT(-24%) TIP(-11%) SHY(-8%) IGOV(0%) LQD(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.615% (StdDev 3.23%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|