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Downtrend Broken Resist.Archive - 4/2/2026 - 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 the negative week for the McCormick & Co. (MKC). During the week, the MKC dropped -4.22 points, or -7.95%, and closed at 48.85 on Thursday, April 2, 2026. Weekly volume was 211% 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 47.52 on April 2, 2026. MKC lost 38.72 points, or 44.90%, in 55 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 47.52 on April 2, 2026. MKC lost 24.89 points, or 34.37%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 46.70 and resistance is at 67.22. 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 Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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 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 near its 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 February 27, 2026 at 71.33 and reached 47.52 on April 2, 2026. MKC lost 23.81 points, or 33.38%, in 34 days. The price is now at the 5.59% retracement level.
Daily Technical Indicators: [See MKC daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily Relative Strength Index, Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is below its signal line since March 2, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. The distance between the Bollinger Bands is 234.74% higher then one year average. It indicates the period of high volatility of the stock price. 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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