The Greedy Trader Weekly Analysis
Sign In Jan 2, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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
- 12/26/2025 -
Sign In to see current Signals.

McCormick & Co. (MKC) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Lane's Stochastic is overboughtRelative Strength Index and Williams' Percentage Range are strongly overbought
Move cursor over the icon to see details.

It was a third consecutive positive week for the McCormick & Co. (MKC). During the week, the MKC climbed 0.35 points, or 0.51%, and closed at 68.93 on Friday, December 26, 2025. Weekly volume was -19% below average.

Long-term trend: [See MKC long-term trend chart]
A long-term downtrend had started on September 3, 2020 at 211.07 and reached 59.13 on October 12, 2023. MKC lost 151.94 points, or 71.99%, in 162 weeks. The price is now at the 6.45% retracement level.

Medium-term trend: [See MKC medium-term trend chart]
A medium-term downtrend had started on March 10, 2025 at 86.24 and reached 62.64 on December 8, 2025. MKC lost 23.60 points, or 27.37%, in 39 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (61.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MKC may retest the broken resistance line. It is considered to be a support 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 resistance line in a medium-term trend.

Weekly Technical Indicators: [See MKC weekly technical indicators chart]
Weekly technical indicators are neutral.

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 uptrend had started on December 8, 2025 at 62.64 and reached 69.46 on December 17, 2025. MKC gained -6.82 points, or -10.89%, in 9 days. The price is now at the 7.77% retracement level.

Daily Technical Indicators: [See MKC daily technical indicators chart]
Daily Lane's Stochastic is overbought while Relative Strength Index and Williams' Percentage Range are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Relative Strength Index and 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, Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is above its signal line since December 11, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 92.08
Strong Overbought
Williams' Percentage Range (W%R) 7.20
Strong Overbought
Lane's Stochastic (%D-Slow) 84.32
Overbought
Greed/Fear Indicator (GFI) 89.74
Overbought
Moving Average Converg./Diverg. (MACD) 0.57
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.06
Williams' Percentage Range (W%R) 36.30
Lane's Stochastic (%D-Slow) 61.07
Greed/Fear Indicator (GFI) 58.73
Moving Average Converg./Diverg. (MACD) -2.17
Trading Signals
Description Value Chart
Upper Bollinger Band 71.61
Daily Stochastic Crossing 69.17
Price 68.93
Parabolic System 67.15
Weekly Stochastic Crossing 66.63
20 Day Moving Average 66.62
50 Day Moving Average 66.23
Lower Bollinger Band 62.99
Quarterly Trendline Resistance 62.58
Quarterly Trendline Support 61.11
Sector and Industry
Description Name Rank
Sector Consumer Staples 3
Industry Packaged Foods & Meats 30
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 62.64
Low Date 12/08/2025
High 69.46
High Date 12/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 62.64
Low Date 12/08/2025
High 69.46
High Date 12/17/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 62.64
Low Date 12/08/2025
High 69.46
High Date 12/17/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 62.58
Support 61.11
High 86.24
High Date 03/10/2025
Low 62.64
Low Date 12/08/2025
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.