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- 2/27/2026 -
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McKesson Corp. (New) (MCK) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergenceThe period of high volatility of the stock price
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It was a second consecutive positive week for the McKesson Corp. (New) (MCK). During the week, the MCK gained 39.89 points, or 4.21%, and closed at 987.37 on Friday, February 27, 2026. Weekly volume was -18% below average.

Long-term trend: [See MCK long-term trend chart]
A long-term uptrend had started on December 24, 2018 at 106.11 and reached 987.37 on February 27, 2026. MCK gained -881.26 points, or -830.52%, in 374 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (533.60) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See MCK medium-term trend chart]
A medium-term uptrend had started on December 8, 2025 at 789.96 and reached 987.37 on February 27, 2026. MCK gained -197.41 points, or -24.99%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (818.90) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See MCK weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See MCK short-term trend chart]
A short-term uptrend had started on February 12, 2026 at 894.59 and reached 987.37 on February 27, 2026. MCK gained -92.78 points, or -10.37%, in 15 days. Price is near the trend high.

Daily Technical Indicators: [See MCK daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since January 29, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

The distance between the Bollinger Bands is 116.58% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.35
Williams' Percentage Range (W%R) 5.90
Strong Overbought
Lane's Stochastic (%D-Slow) 89.37
Overbought
Greed/Fear Indicator (GFI) 81.26
Overbought
Moving Average Converg./Diverg. (MACD) 30.10 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.90
Williams' Percentage Range (W%R) 4.00
Strong Overbought
Lane's Stochastic (%D-Slow) 70.47
Greed/Fear Indicator (GFI) 75.44
Moving Average Converg./Diverg. (MACD) 39.23
Trading Signals
Description Value Chart
Upper Bollinger Band 1023.72
Price 987.37
Daily Stochastic Crossing 983.57
Weekly Stochastic Crossing 947.97
Parabolic System 935.39
20 Day Moving Average 928.43
50 Day Moving Average 865.65
Monthly Trendline Resistance 860.97
Lower Bollinger Band 832.05
Monthly Trendline Support 818.90
Yearly Trendline Resistance 792.23
Sector and Industry
Description Name Rank
Sector Health Care 5
Industry Health Care Distributors 68
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 894.59
Low Date 02/12/2026
High 987.37
High Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 807.00
Low Date 01/21/2026
High 987.37
High Date 02/27/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 860.97
Support 818.90
Low 789.96
Low Date 12/08/2025
High 987.37
High Date 02/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 637.00
Low Date 08/12/2025
High 987.37
High Date 02/27/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 792.23
Support 533.60
Low 106.11
Low Date 12/24/2018
High 987.37
High Date 02/27/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.