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Uptrend SupportArchive - 1/10/2025 - Sign In to see current Signals. |
McCormick & Co. (MKC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the McCormick & Co. (MKC). During the week, the MKC dropped -4.46 points, or -5.88%, and closed at 71.39 on Friday, January 10, 2025. MKC was trading at average weekly trading volume. Long-term trend: [See MKC long-term trend chart] A long-term uptrend had started on October 12, 2023 at 59.13 and reached 85.49 on September 16, 2024. MKC gained -26.36 points, or -44.58%, in 48 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (72.87) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend. Medium-term trend: [See MKC medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 85.49 and reached 71.10 on January 10, 2025. MKC lost 14.39 points, or 16.83%, in 16 weeks. Price is near the trend low. Weekly Technical Indicators: [See MKC 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. 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 below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See MKC short-term trend chart] A short-term downtrend had started on December 11, 2024 at 82.13 and reached 71.10 on January 10, 2025. MKC lost 11.03 points, or 13.43%, in 30 days. Price is near the trend low. Daily Technical Indicators: [See MKC daily technical indicators chart] Daily Relative Strength Index is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since December 19, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
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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 |
Consumer Staples |
3 |
Industry |
Packaged Foods & Meats |
31 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
82.13 |
High Date |
12/11/2024 |
Low |
71.10 |
Low Date |
01/10/2025 |
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Weekly 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 |
82.13 |
High Date |
12/11/2024 |
Low |
71.10 |
Low Date |
01/10/2025 |
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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 |
85.49 |
High Date |
09/16/2024 |
Low |
71.10 |
Low Date |
01/10/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Support |
Resistance |
90.42 |
Support |
72.87 |
Low |
59.13 |
Low Date |
10/12/2023 |
High |
85.49 |
High Date |
09/16/2024 |
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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 |
211.07 |
High Date |
09/03/2020 |
Low |
59.13 |
Low Date |
10/12/2023 |
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