| MCK latest price $135.2600 (-2%) ($132.3300 - $138.6300) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.24% (three month average) |
RSI | 51 |
Latest Price | $135.2600(-2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.4% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(56%) DIA(55%) XLV(55%) IVE(54%) IWD(53%) |
Factors Impacting MCK price | MCK will decline at least -2.12% in a week (0% probabilities). VIXM(-35%) TLT(-14%) VXX(-12%) UUP(-12%) TIP(-1%) |
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 | -2.12% (StdDev 4.24%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.5% |
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