| MCK latest price $175.2000 (0.36%) ($171.9800 - $175.4400) on Thu. Jan. 25, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 86 |
Latest Price | $175.2000(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 4.2% 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) XLV(59%) IVE(57%) VYM(57%) IWD(56%) SDY(56%) |
Factors Impacting MCK price | MCK will decline at least -0.905% in a week (0% probabilities). TLT(-23%) VIXM(-15%) GDXJ(-9%) UUP(-8%) TIP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|