US stock / ETF

McKesson Corporation

MCK · NYSE · USD

3 monthsBullish73%
3M Upside probability 73%Bullish

MCK 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $112.6 and reclaim $999.

Invalidation Trigger

Lose $112.6 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 78.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $123.09 (13.82%)

3M

EMA Structure

Range
EMA 8$756.35Bullish
EMA 21$556.28Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 78.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $123.09 · BB 144.19%

High volatility

Strength
Bearish
Volume
MFI 80.5 · OBV 5144.49%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$112.6 - $999

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+26% · 1.9 ATR above latest close

$1,122.1
Nearest resistance

+12.18% · 0.9 ATR above · 29-bar high

$999
Current price

Price shown is delayed

$890.51
Nearest support

-87.36% · 6.3 ATR below · 29-bar low

$112.6
Deeper support zone

-101.18% · 7.3 ATR below latest close

-$10.49
ATR zone

Latest close ± ATR14

$767.42 - $1,013.6

Indicators

Trend

Dow Theory Structure

Confirmation $999, invalidation $723.68

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

Trend strength is active

82.7 / 35.9 / 7.0Bullish
Supertrend (10,3)

Price is above Supertrend

$391.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$645.89 / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

High volatility

$123.09 (13.82%)Bearish
Bollinger Bands (20,2)

Width 144.19%

93%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$863.71 / $274.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$767.42 / $1,013.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$999Range
Support

Nearest Downside Decision Level

$112.6Range

Momentum

RSI (14)

Momentum is strong

78.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

83.2 / 75.6Bullish
Williams %R (14)

Overbought zone

-16.8Bearish
CCI (20)

Strong expansion

123.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.5Bullish
OBV slope

20-period OBV slope

5144.49%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $999, invalidation $723.68

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

Trend strength is active

82.7 / 35.9 / 7.0Bullish
Supertrend (10,3)

Price is above Supertrend

$391.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$645.89 / --Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

78.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

83.2 / 75.6Bullish
Williams %R (14)

Overbought zone

-16.8Bearish
CCI (20)

Strong expansion

123.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$123.09 (13.82%)Bearish
Bollinger Bands (20,2)

Width 144.19%

93%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$863.71 / $274.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$767.42 / $1,013.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.5Bullish
OBV slope

20-period OBV slope

5144.49%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$999Range
Support

Nearest Downside Decision Level

$112.6Range

Related Forecasts