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Archive
- 4/17/2025 -
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McCormick & Co. (MKC) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the McCormick & Co. (MKC). During the week, the MKC gave back -0.66 points, or -0.87%, and closed at 75.32 on Thursday, April 17, 2025. Weekly volume was 16% above average.
MKC is a member of Consumer Staples Sector. Consumer Staples 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 MKC long-term trend chart]
A long-term uptrend had started on October 12, 2023 at 59.13 and reached 86.24 on March 10, 2025. MKC gained -27.11 points, or -45.85%, in 73 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See MKC medium-term trend chart]
A medium-term downtrend had started on March 10, 2025 at 86.24 and reached 70.81 on April 9, 2025. MKC lost 15.43 points, or 17.89%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 67.92 and resistance is at 80.47. A Broadening Descending 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 Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See MKC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See MKC short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 70.81 and reached 78.00 on April 15, 2025. MKC gained -7.19 points, or -10.15%, in 6 days. Price is near the Fibonacci 38.2% retracement level.
Daily Technical Indicators: [See MKC daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 11, 2025.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Staples |
11 |
| Industry |
Packaged Foods & Meats |
91 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
78.00 |
| High Date |
04/15/2025 |
| Low |
72.99 |
| Low Date |
04/16/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
70.81 |
| Low Date |
04/09/2025 |
| High |
78.00 |
| High Date |
04/15/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
80.47 |
| Support |
67.92 |
| High |
86.24 |
| High Date |
03/10/2025 |
| Low |
70.81 |
| Low Date |
04/09/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
59.13 |
| Low Date |
10/12/2023 |
| High |
86.24 |
| High Date |
03/10/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
211.07 |
| High Date |
09/03/2020 |
| Low |
59.13 |
| Low Date |
10/12/2023 |
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