| MCK latest price $133.0600 (-1.63%) ($129.1500 - $134.5700) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.21% (three month average) |
RSI | 56 |
Latest Price | $133.0600(-1.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 1.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.2% 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(56%) DIA(55%) XLV(55%) IVE(54%) IWD(53%) |
Factors Impacting MCK price | MCK will decline at least -2.105% 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 | -2.105% (StdDev 4.21%) |
Hourly BBV | -1 () |
Intraday Trend | 2% |
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