MCKESSON CORP (MCK) Stock Technical Analysis
NYSE:MCK - New York Stock Exchange, Inc. - US58155Q1031 - Common Stock - Currency: USD
Overall MCK gets a technical rating of 5 out of 10. In the last year, MCK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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!
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 the 570.51 - 612.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, MCK outperforms 65% of them, which is more or less in line with the market.
MCK is part of the Health Care Providers & Services industry. There are 108 other stocks in this industry, MCK did better than 60% of them.
MCK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 598.87. Right above this resistance zone may be a good entry point.
More info and screens
506.92
636.69
We found 3 important support areas.
- Support @576.23 from a horizontal line in the weekly time frame.
- 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 @512.04 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 598.87 to 600.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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
CRS65.9
Mansfield-0.11
10 Day High611.5
10 Day Low583.55
20 Day High612.98
20 Day Low570.51
52 Week High637.51
52 Week Low464.42
Performance
1 Week-0.79%
2 Weeks-0.34%
1 Month0.09%
3 Month-4.09%
6 Month8.25%
12 Month15.78%
2 Year70.87%
3 Year117.38%
5 Year327.36%
10 Year161.35%
15 Year910.5%
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)-0.77
RSI(14)50.36
LBB592.04
UBB609.93
597.71
-5.8 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.96%
1 Week-0.79%
2 Weeks-0.34%
1 Month0.09%
3 Month-4.09%
6 Month8.25%
12 Month15.78%
2 Year70.87%
3 Year117.38%
5 Year327.36%
10 Year161.35%
15 Year910.5%
Volatility
ATR(14)14.31
ATR(20)%2.22%
ATR Inc-34.78%
Range Today10.48
ADR(20)12.82
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.9
Mansfield-0.11
10 Day High611.5
10 Day Low583.55
20 Day High612.98
20 Day Low570.51
52 Week High637.51
52 Week Low464.42
CS1 End576.23
CR1 Start598.87
Volume & EV
DER(3)-1.58%
DER(5)-0.99%
Volume671.00K
Volume Incr-18.69%
Vol(5)658.40K
Vol(50)764.72K