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Downtrend Broken Resist.Archive - 6/26/2026 - 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 first positive week for the McKesson Corp. (New) (MCK). During the week, the MCK gained 12.88 points, or 1.72%, and closed at 763.51 on Friday, June 26, 2026. Weekly volume was 71% above average. MCK is a member of Health Care Sector. Health Care is the second 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 999.00 on March 3, 2026. MCK gained -892.89 points, or -841.48%, in 375 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 554.28 and resistance is at 810.11. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See MCK medium-term trend chart] A medium-term uptrend had started on May 11, 2026 at 723.68 and reached 800.36 on June 11, 2026. MCK gained -76.68 points, or -10.60%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 734.70 and resistance is at 811.53. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MCK weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 March 20, 2026. Use the following link to access a MACD help.
Short-term trend: [See MCK short-term trend chart] A short-term downtrend had started on June 11, 2026 at 800.36 and reached 744.45 on June 22, 2026. MCK lost 55.91 points, or 6.99%, in 11 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (727.14) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
Daily Technical Indicators: [See MCK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since May 15, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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