MCKESSON CORP (MCK) Stock Technical Analysis
NYSE:MCK - New York Stock Exchange, Inc. - US58155Q1031 - Common Stock
Taking everything into account, MCK scores 7 out of 10 in our technical rating. Both in the recent history as in the last year, MCK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MCK is one of the better performing stocks in the market, outperforming 79% of all stocks.
MCK is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 70% of 108 stocks in the same industry.
MCK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MCK is lagging the market slightly.
In the last month MCK has a been trading in a tight range between 565.75 and 598.01.
Besides having an excellent technical rating, MCK also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 582.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
509.39
636.69
3 important support areas can be observed.
- A support zone ranging from 576.23 to 582.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 562.77 to 564.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @514.54 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 630.38 to 630.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.77
Mansfield-0.37
10 Day High598.01
10 Day Low572.4
20 Day High598.01
20 Day Low565.75
52 Week High637.51
52 Week Low464.42
Performance
1 Week0.17%
2 Weeks1.5%
1 Month2.64%
3 Month15.5%
6 Month-2.35%
12 Month20.77%
2 Year54.77%
3 Year128.3%
5 Year310.97%
10 Year175.61%
15 Year896.4%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.49
RSI(14)51.22
LBB565.25
UBB600.19
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 598.02 | 576.22 | 21.80 (3.65%) | 25.00% |
| An entry @598.02. This is a Buy Stop order right above the 10 day high. | An exit @576.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 21.80 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MCKESSON CORP
NYSE:MCK (1/21/2025, 8:13:24 PM)
After market: 586.08 0 (0%)586.08
-6.49 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.1%
1 Week0.17%
2 Weeks1.5%
1 Month2.64%
3 Month15.5%
6 Month-2.35%
12 Month20.77%
2 Year54.77%
3 Year128.3%
5 Year310.97%
10 Year175.61%
15 Year896.4%
Volatility
ATR(14)12.14
ATR(20)%1.94%
ATR Inc24.79%
Range Today16.1
ADR(20)11.17
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.77
Mansfield-0.37
10 Day High598.01
10 Day Low572.4
20 Day High598.01
20 Day Low565.75
52 Week High637.51
52 Week Low464.42
CS1 End582.97
CR1 Start630.38
Volume & EV
DER(3)0.66%
DER(5)1.09%
Volume986.50K
Volume Incr6.51%
Vol(5)766.96K
Vol(50)816.29K