| MCK latest price $54.9700 (0.92%) ($54.0500 - $55.3400) on Wed. Aug. 19, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 70 |
Latest Price | $54.9700(0.92%) |
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(51%) XLP(47%) IWM(46%) QQQ(42%) XLK(42%) |
Factors Impacting MCK price | MCK will decline at least -0.935% in a week (0% probabilities). TLT(-25%) TIP(-11%) SHY(-8%) IGOV(0%) LQD(1%) |
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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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