| MCK latest price $456.7000 (-1.06%) ($455.4200 - $462.1000) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 47 |
Latest Price | $456.7000(-1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.1% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally 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 -0.525% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.525% (StdDev 1.05%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.8% |
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