| MCK latest price $166.0400 (3.77%) ($164.0400 - $170.2300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 58 |
Latest Price | $166.0400(3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 2.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(47%) DIA(46%) IVE(44%) IWD(43%) XLV(43%) |
Factors Impacting MCK price | MCK will decline at least -0.915% in a week (0% probabilities). VIXM(-29%) UUP(-12%) 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 | -0.915% (StdDev 1.83%) |
Hourly BBV | 1 () |
Intraday Trend | 1% |
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