US stock / ETF

McKesson Corporation

MCK · NYSE · USD

4 hoursBearish61%
4h Downside probability 61%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 $893.72 and stabilize above resistance $929.95.

Invalidation Trigger

Break above $929.95 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.0, MACD -0.015

4h
Volatility EnvironmentBullish
Low volatility

ATR is $9.03 (1.02%)

4h

EMA Structure

Range
EMA 8$892.84Bearish
EMA 21$893.72Bearish
EMA 50$892.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.0 · MACD -0.015

Neutral zone

Strength
Bearish
Volatility
ATR $9.03 · BB 3.70%

Low volatility

Strength
Bullish
Volume
MFI 55.1 · OBV -1.97%

Relative to 20-period average volume

Strength
Range
Price Levels
$874.31 - $929.95

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.83% · 5.7 ATR above latest close

$938.98
Nearest resistance

+4.81% · 4.7 ATR above · 34-bar high

$929.95
Current price

Price shown is delayed

$887.29
Nearest support

-1.46% · 1.4 ATR below · 34-bar low

$874.31
Deeper support zone

-2.48% · 2.4 ATR below latest close

$865.28
ATR zone

Latest close ± ATR14

$878.26 - $896.32

Indicators

Trend

Dow Theory Structure

Confirmation $901.99, invalidation $883.59

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

Trend strength is active

31.3 / 34.0 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$858.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$896.58 / $902.13Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Volatility

ATR (14)

Low volatility

$9.03 (1.02%)Bullish
Bollinger Bands (20,2)

Width 3.70%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$913.15 / $874.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$878.26 / $896.32Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$929.95Range
Support

Nearest Downside Decision Level

$874.31Range

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is negative

-0.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.4 / 43.0Bearish
Williams %R (14)

Neutral zone

-64.6Range
CCI (20)

Balanced zone

-48.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

-1.97%Bearish
Volume ratio

Relative to 20-period average volume

1.67xBullish

Trend

Dow Theory Structure

Confirmation $901.99, invalidation $883.59

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

Trend strength is active

31.3 / 34.0 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$858.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$896.58 / $902.13Bearish
Donchian Channel (20)

20-period breakout channel position

35%Bearish

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is negative

-0.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.4 / 43.0Bearish
Williams %R (14)

Neutral zone

-64.6Range
CCI (20)

Balanced zone

-48.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$9.03 (1.02%)Bullish
Bollinger Bands (20,2)

Width 3.70%

39%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$913.15 / $874.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$878.26 / $896.32Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.1Bullish
OBV slope

20-period OBV slope

-1.97%Bearish
Volume ratio

Relative to 20-period average volume

1.67xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$929.95Range
Support

Nearest Downside Decision Level

$874.31Range

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