Technical Analysis for MCK - McKesson Corporation

Grade Last Price % Change Price Change
A 543.30 0.62% 3.36
MCK closed up 0.62 percent on Friday, April 26, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. 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.
Earnings due: May 6
*** please verify all earnings dates ***
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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%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 11 hours ago
New 52 Week High about 12 hours ago
Rose Above Upper Bollinger Band about 12 hours ago
Rose Above Previous Day's High about 12 hours ago
Outside Day about 12 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 Claims Processing Healthcare Organizations Practice Management Beauty Care Products Management Software Solution Pharmaceutical Manufacturers Automation Solutions 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 544.81
52 Week Low 350.4352
Average Volume 618,876
200-Day Moving Average 468.58
50-Day Moving Average 527.41
20-Day Moving Average 530.89
10-Day Moving Average 529.86
Average True Range 8.77
RSI (14) 62.83
ADX 19.55
+DI 21.81
-DI 15.68
Chandelier Exit (Long, 3 ATRs) 518.49
Chandelier Exit (Short, 3 ATRs) 541.20
Upper Bollinger Bands 544.19
Lower Bollinger Band 517.59
Percent B (%b) 0.97
BandWidth 5.01
MACD Line 2.38
MACD Signal Line 1.19
MACD Histogram 1.1915
Fundamentals Value
Market Cap 71.21 Billion
Num Shares 131 Million
EPS 22.11
Price-to-Earnings (P/E) Ratio 24.57
Price-to-Sales 0.22
Price-to-Book 5.04
PEG Ratio 4.81
Dividend 2.32
Dividend Yield 0.43%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 558.50
Resistance 3 (R3) 557.31 551.06 555.96
Resistance 2 (R2) 551.06 547.19 551.65 555.12
Resistance 1 (R1) 547.18 544.80 549.12 548.37 554.27
Pivot Point 540.93 540.93 541.90 541.52 540.93
Support 1 (S1) 537.05 537.06 538.99 538.24 532.33
Support 2 (S2) 530.80 534.67 531.39 531.48
Support 3 (S3) 526.92 530.80 530.64
Support 4 (S4) 528.11