| MCK latest price $457.4500 (0.69%) ($454.0800 - $459.6600) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.03% (three month average) |
RSI | 59 |
Latest Price | $457.4500(0.69%) |
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 -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) TBT(57%) SPLV(31%) XLV(30%) XLP(22%) IVW(18%) |
Factors Impacting MCK price | MCK will decline at least -0.515% in a week (0% probabilities). ACES(-71%) XHB(-68%) JETS(-59%) TAN(-57%) IWC(-57%) |
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 | -0.515% (StdDev 1.03%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0.7% |
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