MCCORMICK & CO-NON VTG SHRS (MKC) Stock Technical Analysis
NYSE:MKC - New York Stock Exchange, Inc. - US5797802064 - Common Stock - Currency: USD
Overall MKC gets a technical rating of 0 out of 10. 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.
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.
In the last month MKC has a been trading in the 71.44 - 78.16 range, which is quite wide. It is currently trading near the lows of this range.
MKC has an average volume of 2459520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MKC is an average performer in the Food Products industry, it outperforms 57% of 91 stocks in the same industry.
Although the technical rating is bad, MKC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 71.39, a Stop Loss order could be placed below this zone.
More info and screens
70.40
84.93
We found 1 important support area.
- A support zone ranging from 71.11 to 71.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @72.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 74.27 to 74.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 75.92 to 77.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 82.62 to 84.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MKC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKC is down. |
| ChartMill Relative Strength | 22.71 | NEGATIVE | MKC has a low relative strength, it was outperformed by 77.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKC is below 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) | 40.27 | NEUTRAL | The RSI value for MKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests MKC has a negative trend. |
| Stochastics (14,3) | 9.34 | OVERSOLD | The low Stochastics value suggests MKC may be oversold. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for MKC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | 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)
71.95
-0.49 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.68%
1 Week-4.26%
2 Weeks-7.25%
1 Month-4.87%
3 Month-5.3%
6 Month0.78%
12 Month0.7%
2 Year-19.59%
3 Year-17.63%
5 Year-26.17%
10 Year75.47%
15 Year265.88%
Volatility
ATR(14)1.81
ATR(20)%2.36%
ATR Inc-28.18%
Range Today1.05
ADR(20)1.56
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.71
Mansfield-1.41
10 Day High78.03
10 Day Low71.44
20 Day High78.16
20 Day Low71.44
52 Week High86.24
52 Week Low69.98
CS1 End71.39
CR1 Start72.07
Volume & EV
DER(3)2.6%
DER(5)1.63%
Volume1.86M
Volume Incr7.16%
Vol(5)2.60M
Vol(50)2.46M