| MCK latest price $456.0550 (0.74%) ($450.3250 - $456.7000) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 46 |
Latest Price | $456.0550(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCK declines -0.9% 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(80%) SPLV(60%) XLP(55%) IWF(39%) VUG(39%) |
Factors Impacting MCK price | MCK will decline at least -0.59% in a week (0% probabilities). ACES(-77%) ONLN(-71%) TLT(-98%) XHB(-71%) OIH(-71%) |
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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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