MCCORMICK & CO-NON VTG SHRS (MKC) Stock Technical Analysis
NYSE:MKC - New York Stock Exchange, Inc. - US5797802064 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MKC is a bad performer in the overall market: 65% of all stocks are doing better.
MKC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MKC is lagging the market.
In the last month MKC has a been trading in the 69.98 - 77.30 range, which is quite wide. It is currently trading near the lows of this range.
MKC has an average volume of 2471160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MKC is part of the Food Products industry. There are 90 other stocks in this industry, MKC did better than 60% of them.
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
70.39
85.61
We found 1 important support area.
- A support zone ranging from 71.10 to 71.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @71.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 73.86 to 74.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 76.07 to 77.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 83.76 to 84.76. 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 | 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 | 35.11 | NEUTRAL | MKC is not amongst the best or worst performers 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) | 34.69 | NEUTRAL | The RSI value for MKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests MKC has a negative trend. |
| Stochastics (14,3) | 8.21 | OVERSOLD | The low Stochastics value suggests MKC may be oversold. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for MKC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for MKC suggests a possible start of a new 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)
71.11
-0.2 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.28%
1 Week-5.69%
2 Weeks-6.52%
1 Month-4.6%
3 Month-11.27%
6 Month-8.34%
12 Month-1.52%
2 Year-17.05%
3 Year-23.31%
5 Year-18.81%
10 Year81.17%
15 Year268.73%
Volatility
ATR(14)1.51
ATR(20)%2.17%
ATR Inc7.8%
Range Today1.5
ADR(20)1.49
ADR(20)%2.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.11
Mansfield-0.92
10 Day High76.92
10 Day Low69.98
20 Day High77.3
20 Day Low69.98
52 Week High86.24
52 Week Low66.88
CS1 End71.1
CR1 Start71.24
Volume & EV
DER(3)-2.85%
DER(5)-1.08%
Volume3.70M
Volume Incr39.95%
Vol(5)2.85M
Vol(50)2.47M