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Archive - 9/25/2026 - Sign In to see current Signals. |
McKesson Corp. (New) (MCK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the McKesson Corp. (New) (MCK). During the week, the MCK gave back -8.01 points, or -0.92%, and closed at 866.64 on Friday, September 25, 2026. Weekly volume was -19% below average. MCK is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See MCK long-term trend chart] A long-term downtrend had started on March 3, 2026 at 999.00 and reached 723.68 on May 11, 2026. MCK lost 275.32 points, or 27.56%, in 9 weeks. The price is now at the 51.93% retracement level.
Medium-term trend: [See MCK medium-term trend chart] A medium-term uptrend had started on May 11, 2026 at 723.68 and reached 929.95 on September 3, 2026. MCK gained -206.27 points, or -28.50%, in 16 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 794.15 and resistance is at 963.46. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MCK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since July 24, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See MCK short-term trend chart] A short-term downtrend had started on September 3, 2026 at 929.95 and reached 858.76 on September 25, 2026. MCK lost 71.19 points, or 7.66%, in 22 days. The price is now at the 11.07% retracement level.
Daily Technical Indicators: [See MCK daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since September 8, 2026. This is an indication that the short-term trend is down. During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
Candlestick pattern: [See MCK candlestick chart pattern] On Friday the chart has formed a Bearish On Neck Candlestick pattern. This is the weakest bearish continuation signal; it appears in a downtrend. Use the Technical Stock Screener to see the list of stocks that had a Bearish On Neck Candlestick pattern during the last week.
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