We Analyzed McKesson Corporation ($MCK) – Here’s What We Found (2019-10-21)

REPORTING FOR 2019-10-21 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MCK has been trading over the last 2 weeks and the past day especially. On its latest session, McKesson Corporation ($MCK) opened at 149.64, reaching a high of 152.53 and a low of 149.3309 before closing at a price of 152.26. There was a total volume of 3187293.

VOLUME INDICATORS FOR MCKESSON CORPORATION ($MCK): We saw an accumulation-distribution index of 340.97127, an on-balance volume of -150.51, chaikin money flow of 1.21391 and a force index of 54.39528. There was an ease of movement rating of 0.11583, a volume-price trend of 13.80745 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MCKESSON CORPORATION ($MCK): We noted an average true range of 2.20964, bolinger bands of 153.22627, an upper bollinger band of 141.17463, lower bollinger band of 149.3309, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 150.5003, high band keltner channel of 147.6103, low band keltner channel of 153.3903, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 149.3309, a donchian channel low band of 149.3309, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR MCKESSON CORPORATION ($MCK): We calculated a Moving Average Convergence Divergence (MACD) of -0.0956, a MACD signal of -0.05311, a MACD difference of -0.04249, a fast Exponential Moving Average (EMA) indicator of 149.3309, a slow Exponential Moving Average (EMA) indicator of 149.3309, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.61312, a trix of 7.22577, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -12.49404, a KST Oscillator (KST) of 91.30608 and a KST Oscillator (KST Signal) of 91.30608 (leaving a KST difference of -7.78463). We also found an Ichimoku rating of 151.085, an Ichimoku B rating of 151.085, a Ichimoku visual trend A of 141.0249, an Ichimoku visual trend B of 140.905, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR MCKESSON CORPORATION ($MCK): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 97.58575, a stochastic oscillator of 110.6955, a stochastic oscillator signal of 110.6955, a Williams %R rating of 10.6955 and an awesome oscillator of -1.7675.

RETURNS FOR MCKESSON CORPORATION ($MCK): There was a daily return of 9.13061, a daily log return of -2.89483 and a cumulative return of -2.85333.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-21 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for McKesson Corporation ($MCK)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling McKesson Corporation ($MCK) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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