US stock / ETF

McKesson Corporation

MCK · NYSE · USD

1 weekBearish77%
Weekly Downside probability 77%Bearish

MCK 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $806.88 and stabilize above resistance $998.34.

Invalidation Trigger

Break above $998.34 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -12.839

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $42.96 (5.63%)

Weekly

EMA Structure

Range
EMA 8$775.31Bearish
EMA 21$806.88Bearish
EMA 50$791.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -12.839

Momentum is weak

Strength
Bearish
Volatility
ATR $42.96 · BB 36.54%

High volatility

Strength
Bearish
Volume
MFI 38.0 · OBV -0.76%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$724.03 - $998.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+36.55% · 6.5 ATR above latest close

$1,041.3
Nearest resistance

+30.91% · 5.5 ATR above · 34-bar high

$998.34
Current price

Price shown is delayed

$762.61
Nearest support

-5.06% · 0.9 ATR below · 34-bar low

$724.03
Deeper support zone

-10.69% · 1.9 ATR below latest close

$681.06
ATR zone

Latest close ± ATR14

$719.64 - $805.57

Indicators

Trend

Dow Theory Structure

Confirmation $799.99, invalidation $730.16

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

Trend strength is active

39.6 / 8.1 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$629.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$822 / $818.99Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

High volatility

$42.96 (5.63%)Bearish
Bollinger Bands (20,2)

Width 36.54%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$897.26 / $714.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$719.64 / $805.57Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$998.34Range
Support

Nearest Downside Decision Level

$724.03Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-12.839Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.9 / 19.8Bullish
Williams %R (14)

Neutral zone

-78.1Range
CCI (20)

Balanced zone

-76.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

-0.76%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Trend

Dow Theory Structure

Confirmation $799.99, invalidation $730.16

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

Trend strength is active

39.6 / 8.1 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$629.79Bullish
Ichimoku Cloud

Cloud Span A / Span B

$822 / $818.99Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-12.839Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.9 / 19.8Bullish
Williams %R (14)

Neutral zone

-78.1Range
CCI (20)

Balanced zone

-76.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$42.96 (5.63%)Bearish
Bollinger Bands (20,2)

Width 36.54%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$897.26 / $714.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$719.64 / $805.57Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.0Bearish
OBV slope

20-period OBV slope

-0.76%Bearish
Volume ratio

Relative to 20-period average volume

1.27xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$998.34Range
Support

Nearest Downside Decision Level

$724.03Range

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