| MCK latest price $373.1700 (2.8%) ($364.4200 - $373.8600) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 75 |
Latest Price | $373.1700(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCK advances 3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) XLV(22%) SPLV(21%) XLP(16%) TBT(15%) URA(14%) |
Factors Impacting MCK price | MCK will decline at least -0.615% in a week (0% probabilities). SMH(-22%) IDRV(-21%) IBUY(-21%) IWC(-20%) IWN(-19%) |
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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2% |
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