| MCK latest price $77.5000 (-2.13%) ($77.4400 - $78.9500) on Fri. Sep. 2, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 45 |
Latest Price | $77.5000(-2.13%) |
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 1.6% 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(50%) XLP(46%) IWM(44%) XLY(40%) EWG(39%) |
Factors Impacting MCK price | MCK will decline at least -1.015% in a week (0% probabilities). TLT(-23%) TIP(-10%) SHY(-6%) IGOV(-1%) LQD(2%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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