Technical Analysis for MKC.V - McCormick & Company, Incorporated

Grade Last Price % Change Price Change
B 72.27 4.14% 2.87
MKC.V closed up 4.14 percent on Friday, May 31, 2024, on 69 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Crossed Above 200 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 4.14%
Lower Bollinger Band Walk Weakness 4.14%
Below Lower BB Weakness 4.14%
Down 3 Days in a Row Weakness 4.14%

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Profile

McCormick & Company, Incorporated Description

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates in two segments, Consumer and Industrial. The Consumer segment offers spices, herbs, seasonings, and dessert items directly, as well as through distributors or wholesalers to various retail outlets, including grocery stores, mass merchandise stores, warehouse clubs, and discount and drug stores, as well as supplies private label items. This segment markets its products under the McCormick, Lawry's, Club House, Zatarain's, Thai Kitchen, Simply Asia, Ducros, Schwartz, Kamis, Vahiné, and Kohinoor brand names. The Industrial segment provides seasoning blends, spices and herbs, condiments, coating systems, and compound flavors directly, as well as through distributors to food manufacturers and foodservice customers. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Sparks, Maryland.


Classification

Sector: Consumer Defensive
Industry: Packaged Foods
Keywords: Grocery Store Retail Outlets Warehouse Club Distribution Condiment Seasoning Herbs Spices Food Manufacturer

Is MKC/V 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 94.97
52 Week Low 59.12
Average Volume 1,755
200-Day Moving Average 70.83
50-Day Moving Average 74.35
20-Day Moving Average 73.91
10-Day Moving Average 72.56
Average True Range 1.32
RSI (14) 45.65
ADX 22.76
+DI 37.17
-DI 29.56
Chandelier Exit (Long, 3 ATRs) 73.54
Chandelier Exit (Short, 3 ATRs) 73.36
Upper Bollinger Bands 77.79
Lower Bollinger Band 70.02
Percent B (%b) 0.29
BandWidth 10.51
MACD Line -0.88
MACD Signal Line -0.38
MACD Histogram -0.4996
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.80
Resistance 3 (R3) 75.45 73.92 75.21
Resistance 2 (R2) 73.92 73.03 74.10 75.01
Resistance 1 (R1) 73.10 72.47 73.51 73.45 74.82
Pivot Point 71.57 71.57 71.78 71.75 71.57
Support 1 (S1) 70.75 70.68 71.16 71.10 69.72
Support 2 (S2) 69.22 70.12 69.40 69.53
Support 3 (S3) 68.40 69.22 69.33
Support 4 (S4) 68.75