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 10 out of 10. 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.
Looking at the yearly performance, MCK did better than 91% of all other stocks.
MCK is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. MCK outperforms 79% of them.
MCK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MCK is leading the market.
In the last month MCK has a been trading in the 664.14 - 731.00 range, which is quite wide. It is currently trading near the high of this range.
MCK has an average volume of 1110000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 724.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 704.77, a Stop Loss order could be placed below this zone.
More info and screens
524.06
733.67
We found 3 important support areas.
- A support zone ranging from 679.14 to 704.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @646.00 from a trend line in the daily time frame.
- Support @529.35 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 724.19 to 726.41. 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
CRS91.06
Mansfield1.73
10 Day High731
10 Day Low664.14
20 Day High731
20 Day Low664.14
52 Week High731
52 Week Low464.42
Performance
1 Week5.34%
2 Weeks-0.5%
1 Month3.82%
3 Month20.25%
6 Month15.33%
12 Month28.18%
2 Year83.89%
3 Year118.67%
5 Year352.97%
10 Year202.97%
15 Year926.76%
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)0.97
RSI(14)59.15
LBB676.7
UBB735.5
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 |
|---|---|---|---|
| 726.42 | 664.13 | 62.29 (8.57%) | 11.66% |
| An entry @726.42. This is a Buy Stop order right above the resistance zone. | An exit @664.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 62.29 points, which is 8.57%. | When investing 11.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
718.73
-0.46 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.06%
1 Week5.34%
2 Weeks-0.5%
1 Month3.82%
3 Month20.25%
6 Month15.33%
12 Month28.18%
2 Year83.89%
3 Year118.67%
5 Year352.97%
10 Year202.97%
15 Year926.76%
Volatility
ATR(14)18.56
ATR(20)%2.34%
ATR Inc-50.63%
Range Today5
ADR(20)16.54
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.06
Mansfield1.73
10 Day High731
10 Day Low664.14
20 Day High731
20 Day Low664.14
52 Week High731
52 Week Low464.42
CS1 End704.77
CR1 Start724.19
Volume & EV
DER(3)0.12%
DER(5)-0.03%
Volume812.30K
Volume Incr-19.13%
Vol(5)912.88K
Vol(50)1.11M