US stock / ETF

McCormick & Company, Incorporated Non-VTG CS

MKC · NYSE · USD

4 hoursRange51%
4h Range probability 98%Range

MKC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $53.8 - $56.68 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.3, MACD -0.137

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6521 (1.19%)

4h

EMA Structure

Range
EMA 8$54.68Bullish
EMA 21$54.93Bearish
EMA 50$54.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.3 · MACD -0.137

Neutral zone

Strength
Bearish
Volatility
ATR $0.6521 · BB 4.93%

Low volatility

Strength
Bullish
Volume
MFI 54.7 · OBV 5.06%

Relative to 20-period average volume

Strength
Range
Price Levels
$53.8 - $56.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.54% · 3.8 ATR above latest close

$57.33
Nearest resistance

+3.36% · 2.8 ATR above · 34-bar high

$56.68
Current price

Price shown is delayed

$54.84
Nearest support

-1.9% · 1.6 ATR below · 34-bar low

$53.8
Deeper support zone

-3.09% · 2.6 ATR below latest close

$53.15
ATR zone

Latest close ± ATR14

$54.19 - $55.49

Indicators

Trend

Dow Theory Structure

Confirmation $55.2, invalidation $53.89

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

Trend strength is moderate

19.6 / 24.2 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$52.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.87 / $54.36Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Low volatility

$0.6521 (1.19%)Bullish
Bollinger Bands (20,2)

Width 4.93%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.37 / $53.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.19 / $55.49Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.68Range
Support

Nearest Downside Decision Level

$53.8Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.2 / 28.1Bullish
Williams %R (14)

Neutral zone

-59.8Range
CCI (20)

Balanced zone

-48.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.7Range
OBV slope

20-period OBV slope

5.06%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Trend

Dow Theory Structure

Confirmation $55.2, invalidation $53.89

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

Trend strength is moderate

19.6 / 24.2 / 36.7Bearish
Supertrend (10,3)

Price is above Supertrend

$52.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.87 / $54.36Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

49.3Range
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.2 / 28.1Bullish
Williams %R (14)

Neutral zone

-59.8Range
CCI (20)

Balanced zone

-48.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.6521 (1.19%)Bullish
Bollinger Bands (20,2)

Width 4.93%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.37 / $53.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.19 / $55.49Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.7Range
OBV slope

20-period OBV slope

5.06%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.68Range
Support

Nearest Downside Decision Level

$53.8Range

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