| MCK latest price $151.5000 (-0.82%) ($149.4400 - $153.0200) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 45 |
Latest Price | $151.5000(-0.82%) |
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 -0.7% 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(48%) DIA(47%) IVE(45%) IWD(44%) XLV(44%) |
Factors Impacting MCK price | MCK will decline at least -0.9% in a week (0% probabilities). VIXM(-29%) 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 | -0.9% (StdDev 1.8%) |
Hourly BBV | -1 () |
Intraday Trend | 0.8% |
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