| MCK latest price $327.3800 (-0.43%) ($325.6000 - $333.0700) on Tue. Jul. 12, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 68 |
Latest Price | $327.3800(-0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(38%) DIA(30%) IVE(22%) IWD(22%) XLV(22%) |
Factors Impacting MCK price | MCK will decline at least -0.89% in a week (0% probabilities). VIXM(-13%) IBUY(-11%) UUP(-10%) SMH(-10%) KWEB(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.89% (StdDev 1.78%) |
Hourly BBV | -2.9 () |
Intraday Trend | -0.2% |
| |
|
|