MCKESSON CORP (MCK)
US58155Q1031 - Common Stock
We assign a technical rating of 10 out of 10 to MCK. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MCK is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, MCK also shows a nice and consistent pattern of rising prices.
MCK is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 82% of 113 stocks in the same industry.
MCK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MCK has a been trading in the 492.39 - 629.73 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, MCK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 630.38. Right above this resistance zone may be a good entry point.
More info and screens
493.18
636.69
3 important support areas can be observed.
- A support zone ranging from 606.28 to 606.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @514.05 from a trend line in the daily time frame.
- Support @498.16 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
CRS81.13
Mansfield0.48
10 Day High629.73
10 Day Low593.27
20 Day High629.73
20 Day Low492.39
52 Week High637.51
52 Week Low431.35
Performance
1 Week2.97%
2 Weeks3.42%
1 Month24.42%
3 Month13.79%
6 Month12.05%
12 Month36.17%
2 Year64.61%
3 Year189.85%
5 Year334.37%
10 Year198.1%
15 Year913.01%
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)3.98
RSI(14)78.6
LBB528.88
UBB667.69
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 |
|---|---|---|---|
| 630.40 | 606.27 | 24.13 (3.83%) | 25.00% |
| An entry @630.40. This is a Buy Stop order right above the resistance zone. | An exit @606.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 24.13 points, which is 3.83%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MCK. Please evaluate whether better entry and exit points can be found.
- 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 (11/21/2024, 8:04:00 PM)
After market: 628.27 0 (0%)628.27
+7.13 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.15%
1 Week2.97%
2 Weeks3.42%
1 Month24.42%
3 Month13.79%
6 Month12.05%
12 Month36.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)16.95
ATR(20)%2.46%
ATR Inc
Range Today12.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High629.73
10 Day Low593.27
20 Day High629.73
20 Day Low492.39
52 Week High637.51
52 Week Low431.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume499.00K
Volume Incr-35.04%
Vol(5)642.37K
Vol(50)981.73K