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.

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- 1/23/2026 -
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McCormick & Co. (MKC) Technical Analysis

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Summary:
Weekly :Williams' Percentage Range is oversold
Daily :The price has fallen below the Parabolic SARThe price is below the lower Bollinger BandPrice has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldLane's Stochastic bullish divergence
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It was the negative week for the McCormick & Co. (MKC). During the week, the MKC dropped -6.25 points, or -9.32%, and closed at 60.79 on Friday, January 23, 2026. Weekly volume was 264% 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 59.62 on January 23, 2026. MKC lost 26.62 points, or 30.87%, in 45 weeks. Price is near the trend low.

Medium-term trend: [See MKC medium-term trend chart]
A medium-term downtrend had started on December 30, 2025 at 69.75 and reached 59.62 on January 23, 2026. MKC lost 10.13 points, or 14.52%, in 3 weeks. The price is now at the 11.55% retracement level.

Weekly Technical Indicators: [See MKC 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 above its signal line since November 21, 2025. 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 January 15, 2026 at 68.78 and reached 59.62 on January 23, 2026. MKC lost 9.16 points, or 13.32%, in 8 days. The price is now at the 12.77% retracement level.

Daily Technical Indicators: [See MKC daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since January 15, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. 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. Such crossover is considered a bearish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.80
Williams' Percentage Range (W%R) 86.20
Oversold
Lane's Stochastic (%D-Slow) 38.11
Bullish
Greed/Fear Indicator (GFI) 27.91
Moving Average Converg./Diverg. (MACD) -0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.45
Williams' Percentage Range (W%R) 88.30
Oversold
Lane's Stochastic (%D-Slow) 68.76
Greed/Fear Indicator (GFI) 41.19
Moving Average Converg./Diverg. (MACD) -1.71
Trading Signals
Description Value Chart
Upper Bollinger Band 70.70
Parabolic System 67.98
20 Day Moving Average 66.90
50 Day Moving Average 66.58
Weekly Stochastic Crossing 66.08
Daily Stochastic Crossing 62.72
Lower Bollinger Band 61.80
Price 60.79
Sector and Industry
Description Name Rank
Sector Consumer Staples 5
Industry Packaged Foods & Meats 20
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 68.78
High Date 01/15/2026
Low 59.62
Low Date 01/23/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 68.78
High Date 01/15/2026
Low 59.62
Low Date 01/23/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 69.75
High Date 12/30/2025
Low 59.62
Low Date 01/23/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 86.24
High Date 03/10/2025
Low 59.62
Low Date 01/23/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 211.07
High Date 09/03/2020
Low 59.13
Low Date 10/12/2023
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.