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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
McKesson Corporation (NYSE:MCK)
Countertrend Up (+85) - MCK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for MCK
The long-term trend has been UP since May 9th, 2023 at 381.3000
The intermediate-term trend has been UP since Sep 18th, 2023 at 426.8252
The short-term trend has been DOWN since Sep 29th, 2023 at 439.9000
Smart Scan Analysis for MCK
Based on our trend formula, MCK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 433.5500 | 439.2100 | 433.1001 | 437.3500 | +2.5000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 437.4200 | 403462 | 2023-10-02 16:00:00 |
| Year High | 178.86 | Year High Date | 2018-01-29 |
| Year Low | 117.19 | Year Low Date | 2018-10-26 |
| 52wk High | 446.95 | 52wk High Date | 2023-09-25 |
| 52wk Low | 331.75 | 52wk Low Date | 2023-03-15 |
| Year End Close | 96.96 | Average Volume | 750,177 |
| Shares Outstanding | 134,902 | Short Interest | 3,279,259 |
| % Institutional | 86.2 | Market Cap | 27,463M |
| Assets | 640,960,000M | Liabilities | 656,980,000M |
| P/E Ratio | 16.2076 | Beta | 0.68 |
| Volatility | 34.79 |