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Downtrend Broken Resist.Archive - 10/23/2026 - Sign In to see current Signals. |
McCormick & Co. (MKC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a third positive week after 6 consecutive negative weeks for the McCormick & Co. (MKC). During the week, the MKC gained 1.77 points, or 3.82%, and closed at 48.12 on Friday, October 23, 2026. It was the best weekly gain since August 7, 2026. MKC was trading at average weekly trading volume. 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 downtrend had started on March 10, 2025 at 86.24 and reached 43.25 on October 2, 2026. MKC lost 42.99 points, or 49.85%, in 81 weeks. The price is now at the 11.33% retracement level.
Medium-term trend: [See MKC medium-term trend chart] A medium-term downtrend had started on August 20, 2026 at 56.87 and reached 43.25 on October 2, 2026. MKC lost 13.62 points, or 23.95%, in 6 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See MKC weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 below its signal line since October 2, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 October 2, 2026 at 43.25 and reached 49.05 on October 23, 2026. MKC gained -5.80 points, or -13.41%, in 21 days. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (47.99). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See MKC daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since October 13, 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. During the last week, the price has moved above 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.
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