| MCK latest price $384.1200 (2.15%) ($375.0900 - $384.1400) on Thu. Jan. 26, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 63 |
Latest Price | $384.1200(2.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPLV(30%) XLV(30%) XLP(20%) DIA(18%) URA(17%) |
Factors Impacting MCK price | MCK will decline at least -0.71% in a week (0% probabilities). SMH(-20%) IBUY(-19%) VXX(-18%) IDRV(-17%) TLT(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.9% |
| |
|
|