Technical Analysis for MCK - McKesson Corporation

Grade Last Price % Change Price Change
A 384.12 2.15% 8.07
MCK closed up 2.15 percent on Thursday, January 26, 2023, on 86 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: Jan 31
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Outside Day Range Expansion 0.00%
20 DMA Resistance Bearish 2.15%
Fell Below 50 DMA Bearish 2.15%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% about 18 hours ago
Up 1 ATR about 22 hours ago
60 Minute Opening Range Breakout about 22 hours ago
Rose Above Previous Day's High about 22 hours ago
Outside Day 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 Practice Management Claims Processing Automation Solutions Beauty Care Products Pharmaceutical Manufacturers Management Software Solution Management Software Solutions Network Performance Retail Pharmacies Strategic Management Information Technologies Pharmacy Automation Biotech And Pharmaceutical Clinical Solutions Consulting And Outsourcing Services Pharmaceutical Solutions

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 401.78
52 Week Low 250.64
Average Volume 963,596
200-Day Moving Average 350.60
50-Day Moving Average 376.96
20-Day Moving Average 378.73
10-Day Moving Average 379.30
Average True Range 6.60
RSI 57.63
ADX 10.72
+DI 23.02
-DI 21.68
Chandelier Exit (Long, 3 ATRs) 371.67
Chandelier Exit (Short, 3 ATRs) 387.80
Upper Bollinger Bands 386.03
Lower Bollinger Band 371.43
Percent B (%b) 0.87
BandWidth 3.86
MACD Line 0.46
MACD Signal Line 0.59
MACD Histogram -0.1261
Fundamentals Value
Market Cap 62.27 Billion
Num Shares 162 Million
EPS 13.03
Price-to-Earnings (P/E) Ratio 29.48
Price-to-Sales 0.13
Price-to-Book 4.88
PEG Ratio 26.75
Dividend 1.68
Dividend Yield 0.44%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 397.70
Resistance 3 (R3) 396.19 390.17 395.43
Resistance 2 (R2) 390.17 386.71 390.92 394.68
Resistance 1 (R1) 387.14 384.57 388.66 388.65 393.92
Pivot Point 381.12 381.12 381.87 381.87 381.12
Support 1 (S1) 378.09 377.66 379.61 379.60 374.32
Support 2 (S2) 372.07 375.52 372.82 373.56
Support 3 (S3) 369.04 372.07 372.81
Support 4 (S4) 370.55