| MCK latest price $127.4000 (-6.25%) ($127.4000 - $127.4000) on Thu. Mar. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 42 |
Latest Price | $127.4000(-6.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK declines -5.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(62%) XLV(61%) IVE(60%) VYM(60%) DIA(59%) |
Factors Impacting MCK price | MCK will decline at least -1.78% in a week (0% probabilities). VIXM(-37%) TLT(-22%) VXX(-14%) TIP(-8%) UUP(-4%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | -0.9 () |
Intraday Trend | -4.1% |
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