MCCORMICK & CO-NON VTG SHRS (MKC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MKC - US5797802064 - Common Stock
66.8 USD
+0.86 (+1.3%)
66.8 USD
0 (0%)
Taking everything into account, MKC scores 1 out of 10 in our technical rating. MKC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MKC is a bad performer in the overall market: 78% of all stocks are doing better.
MKC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MKC has an average volume of 2570530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MKC is an average performer in the Food Products industry, it outperforms 56% of 87 stocks in the same industry.
In the last month MKC has a been trading in the 62.64 - 68.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MKC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
62.67
84.60
When analyzing the support we notice one important area.
- A support zone ranging from 63.30 to 65.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 66.84 to 66.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.16 to 68.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 70.62 to 71.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @76.31 from a horizontal line in the weekly time frame.
- Resistance @83.76 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MKC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MKC is neutral. |
| ChartMill Relative Strength | 22.41 | NEGATIVE | MKC has a low relative strength, it was outperformed by 77.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MKC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MKC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for MKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MKC has a positive trend. |
| Stochastics (14,3) | 51.67 | NEUTRAL | The Stochastics value for MKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MKC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for MKC suggests a weak or negative trend. |
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)
66.8
+0.86 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.3%
1 Week5.53%
2 Weeks-1.01%
1 Month1.06%
3 Month-3.12%
6 Month-9.74%
12 Month-17.08%
2 Year-2.37%
3 Year-19.41%
5 Year-30.13%
10 Year56.15%
15 Year187.13%
Volatility
ATR(14)1.3
ATR(20)%2.06%
ATR Inc34.76%
Range Today1
ADR(20)1.32
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.41
3 months CRS32.81
6 months CRS18.53
Mansfield-1.8
10 Day High67.4
10 Day Low62.64
20 Day High68.88
20 Day Low62.64
52 Week High86.24
52 Week Low62.64
CS1 End65.83
CR1 Start66.84
Volume & EV
DER(3)-1.23%
DER(5)-1.56%
Volume2.96M
Volume Incr-1.14%
Vol(5)2.40M
Vol(50)2.57M
MCCORMICK & CO-NON VTG SHRS / MKC FAQ
What is the ChartMill technical rating of MCCORMICK & CO-NON VTG SHRS (MKC) stock?
ChartMill assigns a technical rating of 1 / 10 to MKC.
What is the trend direction for MKC stock?
The current trend direction for MCCORMICK & CO-NON VTG SHRS (MKC) is Bearish.
What is the RSI signal for MCCORMICK & CO-NON VTG SHRS (MKC) stock?
MCCORMICK & CO-NON VTG SHRS (MKC) has an RSI value of 56.9177. This indicates that the stock is currently neutral.
What is the short term momentum for MCCORMICK & CO-NON VTG SHRS (MKC) stock?
The short term momentum for MCCORMICK & CO-NON VTG SHRS (MKC) is neutral.