US stock / ETF

McKesson Corporation

MCK · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

MCK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $771.33 and stabilize above resistance $784.01.

Invalidation Trigger

Break above $784.01 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.4, MACD -1.107

1h
Volatility EnvironmentBullish
Low volatility

ATR is $6.23 (0.81%)

1h

EMA Structure

Bullish
EMA 8$771.46Bearish
EMA 21$771.33Bearish
EMA 50$770.38Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.4 · MACD -1.107

Momentum is weak

Strength
Bearish
Volatility
ATR $6.23 · BB 2.42%

Low volatility

Strength
Bullish
Volume
MFI 33.0 · OBV -5.19%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$744.69 - $784.01

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.32% · 4.1 ATR above latest close

$790.24
Nearest resistance

+2.51% · 3.1 ATR above · 34-bar high

$784.01
Current price

Price shown is delayed

$764.83
Nearest support

-2.63% · 3.2 ATR below · 34-bar low

$744.69
Deeper support zone

-3.45% · 4.2 ATR below latest close

$738.46
ATR zone

Latest close ± ATR14

$758.6 - $771.06

Indicators

Trend

Dow Theory Structure

Confirmation $784.01, invalidation $768.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.3 / 32.2 / 40.1Bearish
Supertrend (10,3)

Price is above Supertrend

$750.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$773.65 / $765.87Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Volatility

ATR (14)

Low volatility

$6.23 (0.81%)Bullish
Bollinger Bands (20,2)

Width 2.42%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$781.99 / $760.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$758.6 / $771.06Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$784.01Range
Support

Nearest Downside Decision Level

$744.69Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-1.107Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 18.4Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-152.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-5.19%Bearish
Volume ratio

Relative to 20-period average volume

0.90xRange

Trend

Dow Theory Structure

Confirmation $784.01, invalidation $768.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.3 / 32.2 / 40.1Bearish
Supertrend (10,3)

Price is above Supertrend

$750.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$773.65 / $765.87Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Momentum

RSI (14)

Momentum is weak

44.4Bearish
MACD (12,26,9)

Histogram is negative

-1.107Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 18.4Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-152.0Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$6.23 (0.81%)Bullish
Bollinger Bands (20,2)

Width 2.42%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$781.99 / $760.86Bullish
ATR channel lower / upper

Current Volatility Envelope

$758.6 / $771.06Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.0Bearish
OBV slope

20-period OBV slope

-5.19%Bearish
Volume ratio

Relative to 20-period average volume

0.90xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$784.01Range
Support

Nearest Downside Decision Level

$744.69Range

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