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Stock Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

McKesson Corporation (NYSE:MCK)

Long-Term Uptrend (+90) - MCK is in a strong uptrend that is likely to continue. While MCK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MCK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MCK
Open High Low MCK Price Change
533.550 542.000 533.515 539.830 +6.420
Entry Signal

MarketClub’s Trade Triangles for MCK

long term up The long-term trend has been UP since May 9th, 2023 at 381.30

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 543.00

short term up The short-term trend has been UP since May 7th, 2024 at 534.63

Smart Scan Analysis for MCK

Based on our trend formula, MCK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MCK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
533.550 542.000 533.515 539.830 +6.420
Prev. Close Volume Bid Ask Time
533.410 332795 2024-05-07 14:42:45
Year High178.86Year High Date2018-01-29
Year Low117.19Year Low Date2018-10-26
52wk High544.8152wk High Date2024-04-26
52wk Low364.08552wk Low Date2023-05-08
Year End Close96.96Average Volume665,589
Shares Outstanding131,408Short Interest3,279,259
% Institutional86.2Market Cap27,463M
Assets665,120,000MLiabilities685,650,000M
P/E Ratio24.1471Beta0.68
Volatility34.79
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