|
|
Archive - 9/4/2026 - Sign In to see current Signals. |
McCormick & Co. (MKC) Technical Analysis
|
 |
| 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 dropped -3.25 points, or -5.87%, and closed at 52.08 on Friday, September 4, 2026. It was the worst weekly loss since April 2, 2026. Weekly volume was -29% below average.
Long-term trend: [See MKC long-term trend chart] A long-term downtrend had started on March 10, 2025 at 86.24 and reached 44.82 on May 13, 2026. MKC lost 41.42 points, or 48.03%, in 61 weeks. The price is now at the 17.53% retracement level.
Medium-term trend: [See MKC medium-term trend chart] A medium-term uptrend had started on May 13, 2026 at 44.82 and reached 56.87 on August 20, 2026. MKC gained -12.05 points, or -26.89%, in 14 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (52.84) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MKC may retest the broken support line. It is considered to be a resistance line now. 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 support in a medium-term trend.
Weekly Technical Indicators: [See MKC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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. The weekly MACD line is above its signal line since June 26, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See MKC short-term trend chart] A short-term downtrend had started on August 20, 2026 at 56.87 and reached 51.51 on September 4, 2026. MKC lost 5.36 points, or 9.43%, in 15 days. The price is now at the 10.63% retracement level.
Daily Technical Indicators: [See MKC daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since August 26, 2026. This is an indication that the short-term trend is down. During the last week, the price has declined below 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 price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.
| |
|
|