| MCO latest price $304.4900 (2.84%) ($297.5800 - $305.9550) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 83 |
Latest Price | $304.4900(2.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCO advances 0.9% a day on average for past five trading days. |
Weekly Trend | MCO advances 2.5% 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) IWF(74%) SPY(74%) IVW(73%) QQQ(70%) FIVG(67%) |
Factors Impacting MCO price | MCO will decline at least -0.9% in a week (0% probabilities). VIXM(-37%) UUP(-31%) TBT(-16%) VXX(-10%) EDOC(-3%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 2 () |
Intraday Trend | 2.3% |
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