US stock / ETF

McKesson Corporation

MCK · NYSE · USD

12 hoursBearish65%
12h Downside probability 65%Bearish

MCK 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $891.09 and stabilize above resistance $929.95.

Invalidation Trigger

Break above $929.95 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -1.809

12h
Volatility EnvironmentRange
Low volatility

ATR is $17.52 (1.97%)

12h

EMA Structure

Bullish
EMA 8$892.95Bearish
EMA 21$891.09Bearish
EMA 50$877.24Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -1.809

Neutral zone

Strength
Bearish
Volatility
ATR $17.52 · BB 5.32%

Low volatility

Strength
Range
Volume
MFI 35.5 · OBV -96.87%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$835 - $929.95

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.78% · 3.4 ATR above latest close

$947.47
Nearest resistance

+4.81% · 2.4 ATR above · 34-bar high

$929.95
Current price

Price shown is delayed

$887.29
Nearest support

-5.89% · 3.0 ATR below · 34-bar low

$835
Deeper support zone

-7.87% · 4.0 ATR below latest close

$817.48
ATR zone

Latest close ± ATR14

$869.77 - $904.81

Indicators

Trend

Dow Theory Structure

Confirmation $910.95, invalidation $874.31

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

Trend strength is moderate

21.6 / 29.4 / 27.3Bullish
Supertrend (10,3)

Price is above Supertrend

$844.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$887.55 / $870.42Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Volatility

ATR (14)

Low volatility

$17.52 (1.97%)Range
Bollinger Bands (20,2)

Width 5.32%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$924.99 / $857.83Range
ATR channel lower / upper

Current Volatility Envelope

$869.77 / $904.81Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$929.95Range
Support

Nearest Downside Decision Level

$835Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.3 / 39.6Bearish
Williams %R (14)

Neutral zone

-76.7Range
CCI (20)

Balanced zone

-25.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-96.87%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $910.95, invalidation $874.31

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

Trend strength is moderate

21.6 / 29.4 / 27.3Bullish
Supertrend (10,3)

Price is above Supertrend

$844.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$887.55 / $870.42Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-1.809Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.3 / 39.6Bearish
Williams %R (14)

Neutral zone

-76.7Range
CCI (20)

Balanced zone

-25.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$17.52 (1.97%)Range
Bollinger Bands (20,2)

Width 5.32%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$924.99 / $857.83Range
ATR channel lower / upper

Current Volatility Envelope

$869.77 / $904.81Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-96.87%Bearish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$929.95Range
Support

Nearest Downside Decision Level

$835Range

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