US stock / ETF

McKesson Corporation

MCK · NYSE · USD

4 hoursBearish80%
4h Downside probability 80%Bearish

MCK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $769.73 and stabilize above resistance $799.99.

Invalidation Trigger

Break above $799.99 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 47.6, MACD 0.038

4h
Volatility EnvironmentRange
Low volatility

ATR is $12.16 (1.59%)

4h

EMA Structure

Range
EMA 8$769.85Bearish
EMA 21$769.73Bearish
EMA 50$771.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD 0.038

Neutral zone

Strength
Bearish
Volatility
ATR $12.16 · BB 6.46%

Low volatility

Strength
Range
Volume
MFI 41.2 · OBV -23.00%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$730.16 - $799.99

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.19% · 3.9 ATR above latest close

$812.15
Nearest resistance

+4.6% · 2.9 ATR above · 34-bar high

$799.99
Current price

Price shown is delayed

$764.83
Nearest support

-4.53% · 2.9 ATR below · 34-bar low

$730.16
Deeper support zone

-6.12% · 3.9 ATR below latest close

$718
ATR zone

Latest close ± ATR14

$752.67 - $776.99

Indicators

Trend

Dow Theory Structure

Confirmation $744.69, invalidation $787.26

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

Trend strength is active

30.7 / 22.9 / 30.2Bearish
Supertrend (10,3)

Price is above Supertrend

$735.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$768.35 / $765.07Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Low volatility

$12.16 (1.59%)Range
Bollinger Bands (20,2)

Width 6.46%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$792.64 / $746.87Range
ATR channel lower / upper

Current Volatility Envelope

$752.67 / $776.99Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.99Range
Support

Nearest Downside Decision Level

$730.16Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.038Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.2 / 62.0Bearish
Williams %R (14)

Neutral zone

-48.8Range
CCI (20)

Balanced zone

-23.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.2Bearish
OBV slope

20-period OBV slope

-23.00%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $744.69, invalidation $787.26

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

Trend strength is active

30.7 / 22.9 / 30.2Bearish
Supertrend (10,3)

Price is above Supertrend

$735.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$768.35 / $765.07Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.038Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

51.2 / 62.0Bearish
Williams %R (14)

Neutral zone

-48.8Range
CCI (20)

Balanced zone

-23.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$12.16 (1.59%)Range
Bollinger Bands (20,2)

Width 6.46%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$792.64 / $746.87Range
ATR channel lower / upper

Current Volatility Envelope

$752.67 / $776.99Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.2Bearish
OBV slope

20-period OBV slope

-23.00%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.99Range
Support

Nearest Downside Decision Level

$730.16Range

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