The Greedy Trader Weekly Analysis
Sign In Aug 21, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 8/14/2026 -
Sign In to see current Signals.

McKesson Corp. (New) (MCK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance linePrice is near the Fibonacci 23.6% retracement level
Daily :Daily  MACD line has moved below its signal line
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 -0.58 points, or -0.07%, and closed at 869.00 on Friday, August 14, 2026. It was the worst weekly loss since June 18, 2026. MCK was trading at average weekly trading volume.

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 chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (772.64) is broken. A broken support is considered to be a long-term bullish signal. 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 uptrend had started on May 11, 2026 at 723.68 and reached 912.50 on August 6, 2026. MCK gained -188.82 points, or -26.09%, in 12 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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 uptrend had started on August 6, 2026 at 840.00 and reached 902.05 on August 11, 2026. MCK gained -62.05 points, or -7.39%, in 5 days. The price is now at the 53.26% retracement level.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.80
Williams' Percentage Range (W%R) 50.80
Lane's Stochastic (%D-Slow) 65.27
Greed/Fear Indicator (GFI) 56.11
Moving Average Converg./Diverg. (MACD) 19.18
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 76.67
Williams' Percentage Range (W%R) 27.90
Lane's Stochastic (%D-Slow) 78.69
Greed/Fear Indicator (GFI) 69.39
Moving Average Converg./Diverg. (MACD) -4.92
Trading Signals
Description Value Chart
Upper Bollinger Band 904.00
Daily Stochastic Crossing 886.85
Weekly Stochastic Crossing 874.15
Price 869.00
20 Day Moving Average 857.57
Parabolic System 830.65
50 Day Moving Average 813.12
Lower Bollinger Band 804.84
Quarterly Trendline Support 772.64
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Distributors 105
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 840.00
Low Date 08/06/2026
High 902.05
High Date 08/11/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 744.45
Low Date 06/22/2026
High 912.50
High Date 08/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 723.68
Low Date 05/11/2026
High 912.50
High Date 08/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 675.50
Support 772.64
High 999.00
High Date 03/03/2026
Low 723.68
Low Date 05/11/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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.