| MCK latest price $249.7600 (2.11%) ($245.1600 - $251.4900) on Fri. Jan. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 85 |
Latest Price | $249.7600(2.11%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(47%) DIA(39%) XLV(37%) IVE(34%) IWD(34%) |
Factors Impacting MCK price | MCK will decline at least -0.66% in a week (0% probabilities). VIXM(-22%) UUP(-13%) KWEB(-5%) VXX(-3%) MCHI(-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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 1 () |
Intraday Trend | 0.3% |
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