Technical Analysis for MCK - McKesson Corporation

Grade Last Price % Change Price Change
A 621.14 0.89% 5.49
MCK closed up 0.89 percent on Wednesday, November 20, 2024, on 49 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
NR7 Range Contraction 0.89%
Wide Bands Range Expansion 0.89%
Overbought Stochastic Strength 0.89%
180 Bullish Setup Bullish Swing Setup 0.90%
Wide Bands Range Expansion 0.90%

   Recent Intraday Alerts

Alert Time
Up 1% about 16 hours ago
Possible NR7 about 18 hours ago
60 Minute Opening Range Breakout about 19 hours ago
10 DMA Support about 22 hours ago
Rose Above Previous Day's High about 22 hours ago

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Profile

McKesson Corporation Description

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes ethical and proprietary drugs, medical-surgical supplies and equipment, and health and beauty care products in North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers; and practice management, technology, clinical support, and business solutions to oncology and other specialty practices operating in the community setting. In addition, this segment sells financial, operational, and clinical solutions for retail, hospital, and alternate site pharmacies; and provides consulting and outsourcing services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, and strategic management software solutions, as well as pharmacy automation solutions for hospitals; and connectivity, claims processing, outsourcing, and other services, including remote hosting and managed services to healthcare organizations. This segment also offers InterQual clinical criteria solution, claims payment solutions, and network performance tools. This segment's customers include hospitals, physicians, homecare providers, retail pharmacies, and payers in North America, the United Kingdom, Ireland, other European countries, and Israel. McKesson Corporation was founded in 1833 and is headquartered in San Francisco, California.


Classification

Sector: Healthcare
Industry: Medical Distribution
Keywords: S&P 500 Life Sciences Pharmaceutical Payment Solutions Supply Chain Business Solutions Healthcare Organizations Claims Processing Practice Management Beauty Care Products Automation Solutions Management Software Solution Management Software Solutions Pharmaceutical Manufacturers Network Performance Retail Pharmacies Strategic Management Information Technologies Biotech And Pharmaceutical Consulting And Outsourcing Services Pharmaceutical Solutions Pharmacy Automation

Is MCK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 636.6961
52 Week Low 429.8209
Average Volume 990,852
200-Day Moving Average 545.67
50-Day Moving Average 526.55
20-Day Moving Average 564.73
10-Day Moving Average 614.72
Average True Range 13.82
RSI (14) 77.12
ADX 39.24
+DI 40.60
-DI 11.64
Chandelier Exit (Long, 3 ATRs) 586.80
Chandelier Exit (Short, 3 ATRs) 533.85
Upper Bollinger Bands 667.40
Lower Bollinger Band 462.05
Percent B (%b) 0.77
BandWidth 36.36
MACD Line 29.53
MACD Signal Line 24.86
MACD Histogram 4.6738
Fundamentals Value
Market Cap 81.41 Billion
Num Shares 131 Million
EPS 22.11
Price-to-Earnings (P/E) Ratio 28.09
Price-to-Sales 0.22
Price-to-Book 5.04
PEG Ratio 4.81
Dividend 2.32
Dividend Yield 0.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 634.08
Resistance 3 (R3) 633.17 627.93 631.93
Resistance 2 (R2) 627.93 624.64 628.39 631.21
Resistance 1 (R1) 624.54 622.60 626.23 625.45 630.49
Pivot Point 619.30 619.30 620.15 619.76 619.30
Support 1 (S1) 615.91 616.01 617.61 616.83 611.79
Support 2 (S2) 610.67 613.97 611.13 611.07
Support 3 (S3) 607.28 610.67 610.35
Support 4 (S4) 608.20