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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- 6/20/2025 -
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McCormick & Co. (MKC) Technical Analysis

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range is oversold
Daily :Broken trend support lineThe price has fallen below the Parabolic SAR
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It was the negative week for the McCormick & Co. (MKC). During the week, the MKC dropped -0.95 points, or -1.28%, and closed at 73.06 on Friday, June 20, 2025. MKC was trading at average weekly trading volume.

MKC is a member of Consumer Staples Sector. Consumer Staples is the most oversold 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 uptrend had started on October 12, 2023 at 59.13 and reached 86.24 on March 10, 2025. MKC gained -27.11 points, or -45.85%, in 73 weeks. The price is now at the 48.62% 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 69.98 on May 23, 2025. MKC lost 16.26 points, or 18.85%, in 10 weeks. The price is now at the 18.94% 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 below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. 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 May 23, 2025 at 69.98 and reached 76.37 on June 13, 2025. MKC gained -6.39 points, or -9.13%, in 21 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (74.96) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a short-term trend.

Daily Technical Indicators: [See MKC daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since May 30, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.24
Williams' Percentage Range (W%R) 50.20
Lane's Stochastic (%D-Slow) 24.61
Greed/Fear Indicator (GFI) 42.20
Moving Average Converg./Diverg. (MACD) -0.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.02
Williams' Percentage Range (W%R) 80.40
Oversold
Lane's Stochastic (%D-Slow) 33.04
Greed/Fear Indicator (GFI) 32.06
Moving Average Converg./Diverg. (MACD) -0.55
Trading Signals
Description Value Chart
Weekly Trendline Resistance 77.56
Upper Bollinger Band 76.68
Parabolic System 76.14
Weekly Trendline Support 74.96
50 Day Moving Average 74.50
20 Day Moving Average 73.37
Daily Stochastic Crossing 73.36
Price 73.06
Weekly Stochastic Crossing 72.49
Lower Bollinger Band 71.15
Sector and Industry
Description Name Rank
Sector Consumer Staples 1
Industry Packaged Foods & Meats 11
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 76.37
High Date 06/13/2025
Low 72.58
Low Date 06/18/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 77.56
Support 74.96
Low 69.98
Low Date 05/23/2025
High 76.37
High Date 06/13/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 86.24
High Date 03/10/2025
Low 69.98
Low Date 05/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.13
Low Date 10/12/2023
High 86.24
High Date 03/10/2025
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.