Technical Analysis for MCK - McKesson Corporation

Grade Last Price % Change Price Change
B 564.52 1.58% 8.76
MCK closed up 1.58 percent on Friday, May 17, 2024, on 89 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction 1.58%
Calm After Storm Range Contraction 2.35%
Down 3 Days in a Row Weakness 2.35%
Gapped Down Weakness 2.35%
Calm After Storm Range Contraction 2.35%
Upper Bollinger Band Walk Strength 2.35%

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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 Claims Processing Healthcare Organizations Practice Management Beauty Care Products Automation Solutions Management Software Solution Pharmaceutical Manufacturers Management Software Solutions 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 566.005
52 Week Low 371.7844
Average Volume 646,852
200-Day Moving Average 478.88
50-Day Moving Average 535.44
20-Day Moving Average 542.87
10-Day Moving Average 551.58
Average True Range 9.60
RSI (14) 68.35
ADX 24.87
+DI 32.23
-DI 14.45
Chandelier Exit (Long, 3 ATRs) 537.21
Chandelier Exit (Short, 3 ATRs) 543.68
Upper Bollinger Bands 565.04
Lower Bollinger Band 520.69
Percent B (%b) 0.99
BandWidth 8.17
MACD Line 7.52
MACD Signal Line 5.55
MACD Histogram 1.9694
Fundamentals Value
Market Cap 73.99 Billion
Num Shares 131 Million
EPS 22.11
Price-to-Earnings (P/E) Ratio 25.53
Price-to-Sales 0.22
Price-to-Book 5.04
PEG Ratio 4.81
Dividend 2.32
Dividend Yield 0.41%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 574.93
Resistance 3 (R3) 573.89 569.38 573.20
Resistance 2 (R2) 569.38 566.73 569.90 572.62
Resistance 1 (R1) 566.95 565.09 568.17 567.99 572.04
Pivot Point 562.44 562.44 563.05 562.96 562.44
Support 1 (S1) 560.01 559.79 561.23 561.05 557.00
Support 2 (S2) 555.50 558.15 556.02 556.42
Support 3 (S3) 553.07 555.50 555.85
Support 4 (S4) 554.11