| MCK latest price $183.6600 (0.37%) ($182.5800 - $187.6700) on Mon. Nov. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 80 |
Latest Price | $183.6600(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.6% a day on average for past five trading days. |
Weekly Trend | MCK advances 10.5% 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(46%) DIA(44%) IVE(42%) IWD(42%) XLV(41%) |
Factors Impacting MCK price | MCK will decline at least -0.965% in a week (0% probabilities). VIXM(-28%) UUP(-11%) VXX(-8%) TLT(-7%) EDOC(-6%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.7% |
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