| MCK latest price $158.6700 (4.26%) ($151.0600 - $160.0000) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 51 |
Latest Price | $158.6700(4.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(46%) IVE(45%) IWD(44%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -1.11% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-9%) TLT(-7%) KWEB(-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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 2.3 () |
Intraday Trend | 4.8% |
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