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- 6/18/2026 -
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McKesson Corp. (New) (MCK) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is oversoldStochastic signal line moved above oversold area
Daily :Stochastic signal line moved below overbought areaThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the McKesson Corp. (New) (MCK). During the week, the MCK dropped -33.42 points, or -4.26%, and closed at 750.63 on Thursday, June 18, 2026. Weekly volume was 56% above 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 999.00 on March 3, 2026. MCK gained -892.89 points, or -841.48%, in 375 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 553.02 and resistance is at 808.15. 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 long-term trend.

Medium-term trend: [See MCK medium-term trend chart]
A medium-term uptrend had started on May 11, 2026 at 723.68 and reached 800.36 on June 11, 2026. MCK gained -76.68 points, or -10.60%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 732.98 and resistance is at 805.95. 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 oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 20, 2026. 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 June 11, 2026 at 800.36 and reached 747.40 on June 18, 2026. MCK lost 52.96 points, or 6.62%, in 7 days. The price is now at the 6.10% retracement level.

Daily Technical Indicators: [See MCK daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since May 15, 2026. The distance between MACD and the signal line is low and getting smaller.

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 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.09
Williams' Percentage Range (W%R) 34.60
Lane's Stochastic (%D-Slow) 55.20
Greed/Fear Indicator (GFI) 57.89
Moving Average Converg./Diverg. (MACD) -4.93
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.18
Williams' Percentage Range (W%R) 81.10
Oversold
Lane's Stochastic (%D-Slow) 23.63
Greed/Fear Indicator (GFI) 26.81
Moving Average Converg./Diverg. (MACD) 1.28
Trading Signals
Description Value Chart
Yearly Trendline Resistance 808.15
Upper Bollinger Band 806.67
Monthly Trendline Resistance 805.95
Parabolic System 801.16
50 Day Moving Average 790.18
Daily Stochastic Crossing 773.74
20 Day Moving Average 764.74
Weekly Stochastic Crossing 753.90
Price 750.63
Lower Bollinger Band 736.07
Monthly Trendline Support 732.98
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Health Care Distributors 60
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 787.57
High Date 06/16/2026
Low 747.40
Low Date 06/18/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 800.36
High Date 06/11/2026
Low 747.40
Low Date 06/18/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 805.95
Support 732.98
Low 723.68
Low Date 05/11/2026
High 800.36
High Date 06/11/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 999.00
High Date 03/03/2026
Low 723.68
Low Date 05/11/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 808.15
Support 553.02
Low 106.11
Low Date 12/24/2018
High 999.00
High Date 03/03/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.