| MCO latest price $283.6500 (2.03%) ($282.0700 - $287.3100) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 63 |
Latest Price | $283.6500(2.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 1.1% a day on average for past five trading days. |
Weekly Trend | MCO advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCO advance at 0% a week (0% probability) IVW(73%) IWF(73%) SPY(73%) QQQ(70%) FIVG(66%) |
Factors Impacting MCO price | MCO will decline at least -1.24% in a week (0% probabilities). VIXM(-37%) UUP(-32%) TBT(-15%) VXX(-10%) IGOV(1%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.5% |
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