| MCK latest price $195.0400 (-0.76%) ($193.6600 - $197.4000) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 72 |
Latest Price | $195.0400(-0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(47%) DIA(41%) XLV(40%) IVE(38%) IWD(38%) |
Factors Impacting MCK price | MCK will decline at least -0.725% in a week (0% probabilities). VIXM(-26%) UUP(-12%) VXX(-7%) KWEB(-6%) TLT(-5%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | -0.6 () |
Intraday Trend | -0.6% |
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