MCKESSON CORP (MCK)
US58155Q1031 - Common Stock
We assign a technical rating of 9 out of 10 to MCK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCK is showing a nice and steady performance.
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 82% 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 84% of 118 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 a tight range between 514.88 and 544.81.
MCK has an excellent technical rating and also presents 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 support zone below the current price at 530.31, a Stop Loss order could be placed below this zone.
More info and screens
430.50
548.74
We found 4 important support areas.
- A support zone ranging from 518.80 to 530.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @493.69 from a trend line in the weekly time frame.
- A support zone ranging from 477.88 to 482.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @434.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 534.18 to 543.31. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.97
Mansfield0.39
10 Day High544.81
10 Day Low518.27
20 Day High544.81
20 Day Low514.88
52 Week High544.81
52 Week Low373.28
Performance
1 Week-0.5%
2 Weeks1.15%
1 Month0.22%
3 Month6.39%
6 Month13.66%
12 Month36.78%
2 Year62.28%
3 Year177.26%
5 Year336.72%
10 Year181.28%
15 Year1196.26%
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)-0.27
RSI(14)52.56
LBB519.27
UBB544.23
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 |
|---|---|---|---|
| 543.32 | 518.79 | 24.53 (4.51%) | 22.15% |
| An entry @543.32. This is a Buy Stop order right above the resistance zone. | An exit @518.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 24.53 points, which is 4.51%. | For a 1.00% total portfolio risk, you can invest 22.15% 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 (5/6/2024, 6:12:54 PM)
After market: 533.41 0 (0%)533.41
+4.55 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.86%
1 Week-0.5%
2 Weeks1.15%
1 Month0.22%
3 Month6.39%
6 Month13.66%
12 Month36.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.52
ATR(20)%1.77%
ATR Inc
Range Today3.83
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 High544.81
10 Day Low518.27
20 Day High544.81
20 Day Low514.88
52 Week High544.81
52 Week Low373.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume642.68K
Volume Incr53.26%
Vol(5)858.12K
Vol(50)651.33K