US stock / ETF

McKesson Corporation

MCK · NYSE · USD

12 hoursBearish67%
12h Downside probability 67%Bearish

MCK 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $768.65 and stabilize above resistance $799.99.

Invalidation Trigger

Break above $799.99 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 47.4, MACD 0.851

12h
Volatility EnvironmentRange
Medium volatility

ATR is $17.21 (2.25%)

12h

EMA Structure

Bearish
EMA 8$767.19Bearish
EMA 21$768.65Bearish
EMA 50$786.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD 0.851

Neutral zone

Strength
Range
Volatility
ATR $17.21 · BB 9.35%

Medium volatility

Strength
Range
Volume
MFI 47.4 · OBV -12.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$724.03 - $799.99

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.85% · 3.0 ATR above latest close

$817.2
Nearest resistance

+4.6% · 2.0 ATR above · 34-bar high

$799.99
Current price

Price shown is delayed

$764.83
Nearest support

-5.34% · 2.4 ATR below · 34-bar low

$724.03
Deeper support zone

-7.59% · 3.4 ATR below latest close

$706.81
ATR zone

Latest close ± ATR14

$747.62 - $782.04

Indicators

Trend

Dow Theory Structure

Confirmation $799.99, invalidation $744.69

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 20.9 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$722.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$765.52 / $799.34Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Volatility

ATR (14)

Medium volatility

$17.21 (2.25%)Range
Bollinger Bands (20,2)

Width 9.35%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$802.9 / $733.89Range
ATR channel lower / upper

Current Volatility Envelope

$747.62 / $782.04Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.99Range
Support

Nearest Downside Decision Level

$724.03Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is positive

0.851Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.4 / 43.7Bearish
Williams %R (14)

Neutral zone

-63.6Range
CCI (20)

Balanced zone

23.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-12.65%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $799.99, invalidation $744.69

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.7 / 20.9 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$722.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$765.52 / $799.34Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is positive

0.851Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.4 / 43.7Bearish
Williams %R (14)

Neutral zone

-63.6Range
CCI (20)

Balanced zone

23.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$17.21 (2.25%)Range
Bollinger Bands (20,2)

Width 9.35%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$802.9 / $733.89Range
ATR channel lower / upper

Current Volatility Envelope

$747.62 / $782.04Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

-12.65%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.99Range
Support

Nearest Downside Decision Level

$724.03Range

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