| MCK latest price $184.1600 (0.93%) ($180.7500 - $184.2700) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 80 |
Latest Price | $184.1600(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(43%) XLV(41%) IVE(40%) IWD(40%) |
Factors Impacting MCK price | MCK will decline at least -0.945% in a week (0% probabilities). VIXM(-28%) UUP(-12%) VXX(-8%) TLT(-5%) 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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.9% |
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