| MCK latest price $400.0700 (0.77%) ($392.4750 - $400.5200) on Thu. Jun. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 52 |
Latest Price | $400.0700(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.8% a day on average for past five trading days. |
Weekly Trend | MCK advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) TBT(24%) XLV(24%) SPLV(21%) IGOV(16%) XLP(14%) |
Factors Impacting MCK price | MCK will decline at least -0.7% in a week (0% probabilities). IDRV(-28%) JETS(-26%) IWN(-26%) IWC(-26%) IBUY(-26%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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