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Downtrend Broken Resist.Archive - 2/6/2026 - Sign In to see current Signals. |
McKesson Corp. (New) (MCK) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the McKesson Corp. (New) (MCK). During the week, the MCK gained 117.47 points, or 14.13%, and closed at 948.68 on Friday, February 6, 2026. Weekly volume was 61% above 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 971.93 on February 5, 2026. MCK gained -865.82 points, or -815.96%, in 371 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (530.07) 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 971.93 on February 5, 2026. MCK gained -181.97 points, or -23.04%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (812.48) 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 below its signal line since December 26, 2025. The distance between MACD and the signal line is low and getting smaller. 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 January 21, 2026 at 807.00 and reached 971.93 on February 5, 2026. MCK gained -164.93 points, or -20.44%, in 15 days. The price is now at the 14.10% retracement level.
Daily Technical Indicators: [See MCK daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 relatively high and getting bigger. It indicates that the current short-term uptrend is strong. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands is 103.24% 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. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
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