| MCK latest price $461.8900 (0.11%) ($461.7900 - $466.4500) on Mon. Nov. 27, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.04% (three month average) |
RSI | 51 |
Latest Price | $461.8900(0.11%) |
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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) TBT(67%) SPLV(55%) XLP(52%) XLV(41%) SPY(38%) |
Factors Impacting MCK price | MCK will decline at least -0.52% in a week (0% probabilities). SMH(-93%) XHB(-61%) TLT(-61%) ACES(-61%) IGOV(-56%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.52% (StdDev 1.04%) |
Hourly BBV | 1 () |
Intraday Trend | -0.2% |
| |
|
|