| MCK latest price $117.4700 (1.61%) ($115.7900 - $118.1100) on Wed. Mar. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 21 |
Latest Price | $117.4700(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCK declines -6.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(60%) IVE(58%) VYM(58%) DIA(57%) IWD(57%) |
Factors Impacting MCK price | MCK will decline at least -0.875% in a week (0% probabilities). TLT(-24%) FIVG(-13%) VXX(-10%) VIXM(-10%) XHB(-9%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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