| MCK latest price $125.7000 (-4.53%) ($122.9600 - $128.6350) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 49 |
Latest Price | $125.7000(-4.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(55%) XLV(55%) DIA(54%) IVE(54%) VYM(54%) |
Factors Impacting MCK price | MCK will decline at least -2.025% in a week (0% probabilities). VIXM(-34%) TLT(-15%) UUP(-14%) VXX(-12%) TIP(-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 | -2.025% (StdDev 4.05%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.3% |
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