The Greedy Trader Weekly Analysis
Sign In Jan 2, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 12/26/2025 -
Sign In to see current Signals.

McKesson Corp. (New) (MCK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend resistance lineTrend support at 818.49
Daily :Lane's Stochastic is overbought20 Day Moving Average has crossed below the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a third consecutive positive week for the McKesson Corp. (New) (MCK). During the week, the MCK climbed 8.01 points, or 0.98%, and closed at 828.26 on Friday, December 26, 2025. Weekly volume was -63% below average.

MCK is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See MCK long-term trend chart]
A long-term uptrend had started on December 24, 2018 at 106.11 and reached 895.58 on November 26, 2025. MCK gained -789.47 points, or -744.01%, in 361 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (523.01) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 August 12, 2025 at 637.00 and reached 895.58 on November 26, 2025. MCK gained -258.58 points, or -40.59%, in 15 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (818.49) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See MCK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since September 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 December 8, 2025 at 789.96 and reached 830.65 on December 24, 2025. MCK gained -40.69 points, or -5.15%, in 16 days. The price is now at the 5.87% retracement level.

Daily Technical Indicators: [See MCK daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.28
Williams' Percentage Range (W%R) 62.50
Lane's Stochastic (%D-Slow) 86.97
Overbought
Greed/Fear Indicator (GFI) 61.91
Moving Average Converg./Diverg. (MACD) -3.14
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.13
Williams' Percentage Range (W%R) 26.60
Lane's Stochastic (%D-Slow) 55.66
Greed/Fear Indicator (GFI) 61.69
Moving Average Converg./Diverg. (MACD) 37.94
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 965.00
Upper Bollinger Band 861.45
Weekly Stochastic Crossing 838.20
Price 828.26
50 Day Moving Average 827.53
Daily Stochastic Crossing 827.17
20 Day Moving Average 820.02
Quarterly Trendline Support 818.49
Parabolic System 813.77
Monthly Trendline Support 810.85
Lower Bollinger Band 784.97
Yearly Trendline Resistance 774.62
Monthly Trendline Resistance 769.07
Sector and Industry
Description Name Rank
Sector Health Care 11
Industry Health Care Distributors 106
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 801.21
Low Date 12/17/2025
High 830.65
High Date 12/24/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 789.96
Low Date 12/08/2025
High 830.65
High Date 12/24/2025
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 769.07
Support 810.85
High 895.58
High Date 11/26/2025
Low 789.96
Low Date 12/08/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 965.00
Support 818.49
Low 637.00
Low Date 08/12/2025
High 895.58
High Date 11/26/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 774.62
Support 523.01
Low 106.11
Low Date 12/24/2018
High 895.58
High Date 11/26/2025
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.