US stock / ETF

McKesson Corporation

MCK · NYSE · USD

1 hourBearish83%
1h Downside probability 83%Bearish

MCK 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $1,000.7 and stabilize above resistance $1,030.

Invalidation Trigger

Break above $1,030 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.0, MACD -1.078

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.23 (0.43%)

1h

EMA Structure

Bearish
EMA 8$995.05Bearish
EMA 21$1,000.7Bearish
EMA 50$1,001.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.0 · MACD -1.078

Momentum is weak

Strength
Bearish
Volatility
ATR $4.23 · BB 2.63%

Low volatility

Strength
Bullish
Volume
MFI 49.1 · OBV 1.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$988.03 - $1,030

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.17% · 9.8 ATR above latest close

$1,034.2
Nearest resistance

+3.74% · 8.8 ATR above · 34-bar high

$1,030
Current price

Price shown is delayed

$992.87
Nearest support

-0.49% · 1.1 ATR below · 34-bar low

$988.03
Deeper support zone

-0.91% · 2.1 ATR below latest close

$983.8
ATR zone

Latest close ± ATR14

$988.64 - $997.1

Indicators

Trend

Dow Theory Structure

Confirmation $998.15, invalidation $1,008.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

35.5 / 15.0 / 40.7Bearish
Supertrend (10,3)

Price is above Supertrend

$980.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,002.6 / $1,004Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$4.23 (0.43%)Bullish
Bollinger Bands (20,2)

Width 2.63%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,008.5 / $992.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$988.64 / $997.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,030Range
Support

Nearest Downside Decision Level

$988.03Range

Momentum

RSI (14)

Momentum is weak

37.0Bearish
MACD (12,26,9)

Histogram is negative

-1.078Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.6 / 15.3Bullish
Williams %R (14)

Neutral zone

-78.4Range
CCI (20)

Weak expansion

-109.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

1.29%Bullish
Volume ratio

Relative to 20-period average volume

2.44xBullish

Trend

Dow Theory Structure

Confirmation $998.15, invalidation $1,008.6

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

35.5 / 15.0 / 40.7Bearish
Supertrend (10,3)

Price is above Supertrend

$980.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,002.6 / $1,004Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

37.0Bearish
MACD (12,26,9)

Histogram is negative

-1.078Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.6 / 15.3Bullish
Williams %R (14)

Neutral zone

-78.4Range
CCI (20)

Weak expansion

-109.6Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$4.23 (0.43%)Bullish
Bollinger Bands (20,2)

Width 2.63%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,008.5 / $992.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$988.64 / $997.1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

1.29%Bullish
Volume ratio

Relative to 20-period average volume

2.44xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,030Range
Support

Nearest Downside Decision Level

$988.03Range

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