| MCK latest price $439.8600 (1.8%) ($434.0000 - $444.8000) on Wed. Sep. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 63 |
Latest Price | $439.8600(1.8%) |
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 1.8% 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(26%) SPLV(19%) XLV(17%) URA(13%) EDOC(12%) |
Factors Impacting MCK price | MCK will decline at least -0.635% in a week (0% probabilities). ACES(-52%) IDRV(-43%) IBUY(-40%) XRT(-39%) TAN(-39%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.4% |
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