US stock / ETF

McKesson Corporation

MCK · NYSE · USD

4 hoursBullish88%
4h Upside probability 88%Bullish

MCK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $780.62 and reclaim $858.69.

Invalidation Trigger

Lose $780.62 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 64.8, MACD 2.930

4h
Volatility EnvironmentBullish
Low volatility

ATR is $11.1 (1.32%)

4h

EMA Structure

Bullish
EMA 8$836.1Bullish
EMA 21$821.41Bullish
EMA 50$804.14Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.8 · MACD 2.930

Momentum is strong

Strength
Bullish
Volatility
ATR $11.1 · BB 8.74%

Low volatility

Strength
Bullish
Volume
MFI 52.3 · OBV 4.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$780.62 - $858.69

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.38% · 2.6 ATR above latest close

$869.79
Nearest resistance

+2.06% · 1.6 ATR above · 34-bar high

$858.69
Current price

Price shown is delayed

$841.39
Nearest support

-7.22% · 5.5 ATR below · 34-bar low

$780.62
Deeper support zone

-8.54% · 6.5 ATR below latest close

$769.52
ATR zone

Latest close ± ATR14

$830.29 - $852.49

Indicators

Trend

Dow Theory Structure

Confirmation $858.69, invalidation $796.35

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

Trend strength is active

29.1 / 40.8 / 23.2Bullish
Supertrend (10,3)

Price is above Supertrend

$807.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$825.14 / $801.64Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$11.1 (1.32%)Bullish
Bollinger Bands (20,2)

Width 8.74%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$844.8 / $799.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$830.29 / $852.49Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$858.69Range
Support

Nearest Downside Decision Level

$780.62Range

Momentum

RSI (14)

Momentum is strong

64.8Bullish
MACD (12,26,9)

Histogram is positive

2.930Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 81.7Bearish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Strong expansion

101.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

4.42%Bullish
Volume ratio

Relative to 20-period average volume

1.68xBullish

Trend

Dow Theory Structure

Confirmation $858.69, invalidation $796.35

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

Trend strength is active

29.1 / 40.8 / 23.2Bullish
Supertrend (10,3)

Price is above Supertrend

$807.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$825.14 / $801.64Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

64.8Bullish
MACD (12,26,9)

Histogram is positive

2.930Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 81.7Bearish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Strong expansion

101.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Low volatility

$11.1 (1.32%)Bullish
Bollinger Bands (20,2)

Width 8.74%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$844.8 / $799.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$830.29 / $852.49Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

4.42%Bullish
Volume ratio

Relative to 20-period average volume

1.68xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$858.69Range
Support

Nearest Downside Decision Level

$780.62Range

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