MCCORMICK & CO-NON VTG SHRS (MKC) Stock Technical Analysis
USA - NYSE:MKC - US5797802064 - Common Stock
Taking everything into account, MKC scores 0 out of 10 in our technical rating. 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 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
63.18
When analyzing the support we notice one important area.
- A support zone ranging from 63.82 to 64.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 64.30 to 69.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A resistance zone ranging from 72.26 to 72.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for MKC is down. |
| ChartMill Relative Strength | 19.5 | NEGATIVE | MKC has a low relative strength, it was outperformed by 80.5% 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) | 40.28 | NEUTRAL | The RSI value for MKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests MKC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.31 | OVERSOLD | The low Stochastics value suggests MKC may be oversold. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MKC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for MKC suggests a possible start of a new trend. |
64.05
-0.51 (-0.79%)
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 0 / 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 40.2758. 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 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.