| MCK latest price $206.2800 (-0.25%) ($205.9400 - $207.4370) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 61 |
Latest Price | $206.2800(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK advances 1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(48%) DIA(41%) XLV(39%) IVE(38%) IWD(38%) |
Factors Impacting MCK price | MCK will decline at least -0.57% in a week (0% probabilities). VIXM(-27%) UUP(-12%) VXX(-6%) KWEB(-4%) IGOV(-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 | -0.57% (StdDev 1.14%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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