| MCK latest price $73.6900 (0.96%) ($73.0800 - $74.1900) on Wed. Oct. 12, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 50 |
Latest Price | $73.6900(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1% a day on average for past five trading days. |
Weekly Trend | MCK declines -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(49%) XLP(45%) IWM(44%) XAR(40%) QQQ(39%) |
Factors Impacting MCK price | MCK will decline at least -1.16% in a week (0% probabilities). TLT(-22%) TIP(-9%) 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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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