The Greedy Trader Weekly Analysis
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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
- 5/15/2026 -
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McCormick & Co. (MKC) Technical Analysis

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Summary:
Weekly :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversold
Daily :Lane's Stochastic is oversold
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It was the negative week for the McCormick & Co. (MKC). During the week, the MKC dropped -1.97 points, or -4.08%, and closed at 46.35 on Friday, May 15, 2026. Weekly volume was 22% above 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. Price is near the trend low.

Medium-term trend: [See MKC medium-term trend chart]
A medium-term downtrend had started on February 13, 2026 at 72.41 and reached 44.82 on May 13, 2026. MKC lost 27.59 points, or 38.10%, in 12 weeks. The price is now at the 5.55% retracement level.

Weekly Technical Indicators: [See MKC weekly technical indicators chart]
Weekly 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 weekly Lane's Stochastic or strongly oversold weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 April 13, 2026 at 54.71 and reached 44.82 on May 13, 2026. MKC lost 9.89 points, or 18.08%, in 30 days. The price is now at the 15.47% retracement level.

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

The daily MACD line is below its signal line since May 1, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.19
Williams' Percentage Range (W%R) 75.90
Lane's Stochastic (%D-Slow) 16.68
Oversold
Greed/Fear Indicator (GFI) 23.31
Moving Average Converg./Diverg. (MACD) -1.83
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.72
Williams' Percentage Range (W%R) 92.30
Strong Oversold
Lane's Stochastic (%D-Slow) 13.30
Oversold
Greed/Fear Indicator (GFI) 17.31
Oversold
Moving Average Converg./Diverg. (MACD) -3.78 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 53.39
50 Day Moving Average 52.44
20 Day Moving Average 49.32
Parabolic System 47.19
Price 46.35
Weekly Stochastic Crossing 45.84
Daily Stochastic Crossing 45.72
Lower Bollinger Band 44.78
Sector and Industry
Description Name Rank
Sector Consumer Staples 3
Industry Packaged Foods & Meats 28
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 49.45
High Date 05/06/2026
Low 44.82
Low Date 05/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.71
High Date 04/13/2026
Low 44.82
Low Date 05/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 72.41
High Date 02/13/2026
Low 44.82
Low Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 86.24
High Date 03/10/2025
Low 44.82
Low Date 05/13/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 211.07
High Date 09/03/2020
Low 44.82
Low Date 05/13/2026
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.