| MCK latest price $413.0700 (1.99%) ($405.3300 - $414.4500) on Wed. Aug. 2, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 54 |
Latest Price | $413.0700(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.5% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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) TBT(28%) SPLV(19%) XLV(19%) XLP(13%) UNG(11%) |
Factors Impacting MCK price | MCK will decline at least -0.61% in a week (0% probabilities). ACES(-37%) ARKG(-33%) TIP(-31%) JETS(-31%) IDRV(-31%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.5% |
| |
|
|