Technical Analysis for MCK - McKesson Corporation

Grade Last Price % Change Price Change
F 510.07 -0.30% -1.55
MCK closed down 0.45 percent on Wednesday, September 18, 2024, on 84 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
Gapped Down Weakness -0.30%
Oversold Stochastic Weakness -0.30%
Oversold Stochastic Weakness -0.75%
Gapped Up Strength -1.88%
Up 3 Days in a Row Strength -1.88%
Up 4 Days in a Row Strength -1.88%
Oversold Stochastic Weakness -1.88%
Outside Day Range Expansion -1.68%
Up 3 Days in a Row Strength -1.68%
Oversold Stochastic Weakness -1.68%

   Recent Intraday Alerts

Alert Time
Down 1% about 6 hours ago
Fell Below Previous Day's Low about 6 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
10 DMA Resistance about 7 hours ago
10 DMA Support about 7 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 Supply Chain Payment Solutions Business Solutions Healthcare Organizations Claims Processing 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 636.6961
52 Week Low 429.8209
Average Volume 952,181
200-Day Moving Average 533.06
50-Day Moving Average 562.99
20-Day Moving Average 535.17
10-Day Moving Average 511.99
Average True Range 12.68
RSI (14) 35.48
ADX 29.61
+DI 18.47
-DI 32.35
Chandelier Exit (Long, 3 ATRs) 539.90
Chandelier Exit (Short, 3 ATRs) 541.37
Upper Bollinger Bands 583.48
Lower Bollinger Band 486.87
Percent B (%b) 0.26
BandWidth 18.05
MACD Line -15.23
MACD Signal Line -14.43
MACD Histogram -0.7935
Fundamentals Value
Market Cap 67.05 Billion
Num Shares 131 Million
EPS 22.11
Price-to-Earnings (P/E) Ratio 23.14
Price-to-Sales 0.22
Price-to-Book 5.04
PEG Ratio 4.81
Dividend 2.32
Dividend Yield 0.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 521.18
Resistance 3 (R3) 521.68 519.01 519.58
Resistance 2 (R2) 519.01 516.57 518.75 519.05
Resistance 1 (R1) 515.31 515.07 517.16 514.81 518.52
Pivot Point 512.64 512.64 513.56 512.38 512.64
Support 1 (S1) 508.94 510.20 510.79 508.44 504.72
Support 2 (S2) 506.27 508.70 506.01 504.19
Support 3 (S3) 502.57 506.27 503.66
Support 4 (S4) 502.07