| MCO latest price $229.1600 (9.76%) ($217.4400 - $231.4800) on Mon. Apr. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.36% (three month average) |
RSI | 58 |
Latest Price | $229.1600(9.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MCO advances 7.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IVW(74%) IWF(74%) SPY(74%) QQQ(70%) FIVG(68%) |
Factors Impacting MCO price | MCO will decline at least -2.68% in a week (0% probabilities). VIXM(-43%) UUP(-31%) VXX(-13%) TBT(-9%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.68% (StdDev 5.36%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.9% |
| |
|
|