US stock / ETF

McKesson Corporation

MCK · NYSE · USD

1 monthBullish80%
Monthly Upside probability 80%Bullish

MCK 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $404.79 and reclaim $998.34.

Invalidation Trigger

Lose $404.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 54.6, MACD -12.022

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $89.3 (11.71%)

Monthly

EMA Structure

Bullish
EMA 8$801.4Bearish
EMA 21$737.83Bullish
EMA 50$576.24Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.6 · MACD -12.022

Neutral zone

Strength
Range
Volatility
ATR $89.3 · BB 54.34%

High volatility

Strength
Bearish
Volume
MFI 49.4 · OBV 17.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$404.79 - $998.34

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+42.62% · 3.6 ATR above latest close

$1,087.6
Nearest resistance

+30.91% · 2.6 ATR above · 34-bar high

$998.34
Current price

Price shown is delayed

$762.61
Nearest support

-46.92% · 4.0 ATR below · 34-bar low

$404.79
Deeper support zone

-58.63% · 5.0 ATR below latest close

$315.49
ATR zone

Latest close ± ATR14

$673.31 - $851.9

Indicators

Trend

Dow Theory Structure

Confirmation $998.34, invalidation $639.64

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

Trend strength is active

51.6 / 27.4 / 14.9Bullish
Supertrend (10,3)

Price is above Supertrend

$456.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$796.54 / $633.62Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

High volatility

$89.3 (11.71%)Bearish
Bollinger Bands (20,2)

Width 54.34%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$949.51 / $537.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$673.31 / $851.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$998.34Range
Support

Nearest Downside Decision Level

$404.79Range

Momentum

RSI (14)

Neutral zone

54.6Range
MACD (12,26,9)

Histogram is negative

-12.022Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 37.8Bearish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

19.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

17.21%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $998.34, invalidation $639.64

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

Trend strength is active

51.6 / 27.4 / 14.9Bullish
Supertrend (10,3)

Price is above Supertrend

$456.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$796.54 / $633.62Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

54.6Range
MACD (12,26,9)

Histogram is negative

-12.022Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.3 / 37.8Bearish
Williams %R (14)

Neutral zone

-65.7Range
CCI (20)

Balanced zone

19.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$89.3 (11.71%)Bearish
Bollinger Bands (20,2)

Width 54.34%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$949.51 / $537.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$673.31 / $851.9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.4Range
OBV slope

20-period OBV slope

17.21%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$998.34Range
Support

Nearest Downside Decision Level

$404.79Range

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