MCCORMICK & CO-NON VTG SHRS (MKC) Technical Analysis
NYSE:MKC • US5797802064
Current stock price
MKC Technical Rating and Analysis
Overall MKC gets a technical rating of 0 out of 10. MKC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MKC is a bad performer in the overall market: 88% of all stocks are doing better.
- MKC is one of the lesser performing stocks in the Food Products industry. 62% of 87 stocks in the same industry do 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 4315900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MKC has a been trading in the 47.52 - 58.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
MKC Weekly and Daily overview Charts
MKC Setup Rating and Analysis
MKC has a poor technical rating and the quality of the setup is also not perfect 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
MKC Support and Resistance Analysis
53.30
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 53.85 to 54.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 68.41 to 69.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @70.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 72.26 to 72.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
MKC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MKC is down. |
| ChartMill Relative Strength | 12.48 | NEGATIVE | MKC has a low relative strength, it was outperformed by 87.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MKC is above 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) | 45.68 | NEUTRAL | The RSI value for MKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests MKC has a positive trend. |
| Stochastics (14,3) | 90.06 | OVERBOUGHT | The high Stochastics value suggests MKC may be overbought. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MKC suggests some volalility. |
| Average Directional Index/ADX (14) | 43.22 | POSITIVE | The high ADX value value for MKC suggests a strong trend. |
MKC Chart- and CandleStick Pattern Analysis
MKC Technicals: Chart, Performance Metrics, Trend & Indicators
53.84
-0.27 (-0.5%)
MCCORMICK & CO-NON VTG SHRS / MKC TA FAQ
What is the ChartMill technical rating of MCCORMICK & CO-NON VTG SHRS (MKC) stock?
ChartMill assigns a technical rating of 0 / 10 to MKC.
Can you provide the trend direction for MCCORMICK & CO-NON VTG SHRS?
The current trend direction for MCCORMICK & CO-NON VTG SHRS (MKC) is Bearish.
Can you provide the RSI signal for MCCORMICK & CO-NON VTG SHRS?
MCCORMICK & CO-NON VTG SHRS (MKC) has an RSI value of 45.677. This indicates that the stock is currently neutral.
What is the short term momentum for MKC stock?
The short term momentum for MCCORMICK & CO-NON VTG SHRS (MKC) is negative.
What is the buy/sell signal for MKC stock?
The buy/sell signal for MCCORMICK & CO-NON VTG SHRS (MKC) is sell as both the short term and long term trends are negative.