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Archive - 10/9/2026 - 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 a second positive week after 3 consecutive negative weeks for the McKesson Corp. (New) (MCK). During the week, the MCK gained 36.56 points, or 4.05%, and closed at 938.84 on Friday, October 9, 2026. Weekly volume was -24% 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 78.15% 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 943.97 on October 9, 2026. MCK gained -220.29 points, or -30.44%, in 21 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 855.10 and resistance is at 985.81. 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 Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought 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 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 uptrend had started on September 29, 2026 at 847.29 and reached 943.97 on October 9, 2026. MCK gained -96.68 points, or -11.41%, in 10 days. The price is now at the 5.31% retracement level.
Daily Technical Indicators: [See MCK daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
9 |
| Industry |
Health Care Distributors |
103 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
847.29 |
| Low Date |
09/29/2026 |
| High |
943.97 |
| High Date |
10/09/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
847.29 |
| Low Date |
09/29/2026 |
| High |
943.97 |
| High Date |
10/09/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
985.81 |
| Support |
855.10 |
| Low |
723.68 |
| Low Date |
05/11/2026 |
| High |
943.97 |
| High Date |
10/09/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
999.00 |
| High Date |
03/03/2026 |
| Low |
723.68 |
| Low Date |
05/11/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
106.11 |
| Low Date |
12/24/2018 |
| High |
999.00 |
| High Date |
03/03/2026 |
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