|
|
Archive - 1/23/2026 - Sign In to see current Signals. |
McKesson Corp. (New) (MCK) Technical Analysis
|
 |
| 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 dropped -20.23 points, or -2.41%, and closed at 820.23 on Friday, January 23, 2026. Weekly volume was -28% below average.
Long-term trend: [See MCK long-term trend chart] A long-term uptrend had started on December 24, 2018 at 106.11 and reached 895.58 on November 26, 2025. MCK gained -789.47 points, or -744.01%, in 361 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (527.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See MCK medium-term trend chart] A medium-term downtrend had started on November 26, 2025 at 895.58 and reached 789.96 on December 8, 2025. MCK lost 105.62 points, or 11.79%, in 1 weeks. The price is now at the 28.66% retracement level.
Weekly Technical Indicators: [See MCK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 26, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See MCK short-term trend chart] A short-term uptrend had started on December 8, 2025 at 789.96 and reached 847.90 on January 16, 2026. MCK gained -57.94 points, or -7.33%, in 39 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 813.79 and resistance is at 849.73. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
Daily Technical Indicators: [See MCK daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 3.52% on Friday. It is 56.38% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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.
| |
|
|