| MCK latest price $152.3100 (1.59%) ($149.8550 - $153.8000) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 48 |
Latest Price | $152.3100(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(47%) IVE(45%) IWD(45%) VYM(44%) |
Factors Impacting MCK price | MCK will decline at least -1.015% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-9%) TLT(-7%) KWEB(-3%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
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