| MCO latest price $277.0400 (3.6%) ($269.6400 - $277.9800) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.53% (three month average) |
RSI | 68 |
Latest Price | $277.0400(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 1.6% a day on average for past five trading days. |
Weekly Trend | MCO advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IWF(74%) IVW(73%) SPY(73%) QQQ(70%) FIVG(67%) |
Factors Impacting MCO price | MCO will decline at least -2.765% in a week (0% probabilities). VIXM(-40%) UUP(-32%) VXX(-12%) TBT(-12%) IGOV(0%) |
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 | -2.765% (StdDev 5.53%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
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