Trading Signals: MCK Stock Price Prediction and Forecast

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Thu. Aug. 19, 2004

Trading Signals: MCK Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(McKesson Corporation)
MCK latest price $30.4900 (-0.81%) ($30.1900 - $30.7200) on Thu. Aug. 19, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.9% (three month average)
RSI   34
Latest Price   $30.4900(-0.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCK advances 0.3% a day on average for past five trading days.
Weekly Trend   MCK declines -2.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MCK advance at 0% a week (0% probability)
SPY(52%)    XLP(48%)    IWM(47%)    QQQ(44%)    XLK(44%)
Factors Impacting MCK price   MCK will decline at least -0.95% in a week (0% probabilities).
TLT(-22%)    SHY(-13%)    TIP(-10%)    REMX(-0%)    LQD(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.95% (StdDev 1.9%)
Hourly BBV 0 ()
Intraday Trend -0.7%

1 - 5 Day Possible Target   $24.64(-19.19%)
Resistance Level   $30.82
5 Day Moving Average   $30.1(1.3%)
10 Day Moving Average   $30.12(1.23%)
20 Day Moving Average   $30.82(-1.07%)
To recent high   -14.8%
To recent low   4.3%
Market Cap   $4.945b

McKesson Corp. engages in the provision of supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information technology. It operates through the following segments: U.S. Pharmaceutical and Specialty Solutions; European Pharmaceutical Solutions; Medical-Surgical Solutions and Other. The U.S. Pharmaceutical and Specialty Solutions segment distributes pharmaceutical and other healthcare-related products and also provides pharmaceutical solutions to pharmaceutical manufacturers in the United States. The European Pharmaceutical Solutions segment provides distribution and services to wholesale, institutional and retail customers and serves patients and consumers in 13 European countries. The Medical-Surgical Solutions segment focuses on medical-surgical supplies and provides logistics and other services to healthcare providers in the United States. The Other segment comprises on McKesson Canada, McKesson Prescription Technology Solutions and in a joint venture. The company was founded by John McKesson and Charles Olcott in 1833 and is headquartered in Irving, TX.

$. MCK price fluctuates within 2.89% (three month std-dev: 1.9%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20040919

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_19_2004	32.26	30.82		30.1			30.49(-0.81%)	DP	OpenShort	-65	0.4	-14	-10000	3	-65	0.78	52%	0	-37.7	1.9%	0	-0.4	34	0
2	Aug_18_2004	32.26	30.9	30.12	30.01			30.74(2.13%)	DP	OpenShort	-65	0.8	-20	-10000	2	-84	0.82	52%	0.03	-29.6	1.9%	0	-0.2	39	0
3	Aug_17_2004	32.25	30.95	30.17	29.96			30.1(0.43%)	DP	OpenShort	-65	0.2	-22	-10000	1	-91	1.03	49%	0	-20.7	1.88%	0	-0.9	39	0
4	Aug_16_2004	32.25	31.05	30.28	29.94			29.97(2.57%)	DP	OpenShort	-75	0	-24	-10000	0	-94	0.89	49%	0.03	-11.1	1.88%	0	-1.2	38	0
5	Aug_13_2004	32.24	31.08	30.48	29.93			29.22(-2.73%)	DT	OpenShort	-75	-0.8	-30	-10000	-7	-97	2.08	45%	0.03	-7.2	1.86%	0	-2.1	26	0

6	Aug_12_2004	32.23	31.16	30.77	30.12			30.04(-1.35%)	DT	OpenShort	-75	-0.1	-25	-10000	-4	-86	0.47	49%	0.09	3	1.85%	0	-1.3	28	0
7	Aug_11_2004	32.2	31.17	30.95	30.24			30.45(1.5%)	DP	OpenShort	-75	0.2	-26	-10000	-6	-85	0.95	49%	0.06	6.2	1.85%	0	-0.8	30	0
8	Aug_10_2004	32.18	31.17	31.05	30.42			30(0.17%)	DP	OpenShort	-75	-0.5	-28	-10000	-10	-83	1.34	45%	0.09	7.8	1.84%	0	-1.3	30	0
9	Aug_9_2004	32.15	31.17	31.2	30.69			29.95(-0.76%)	DT	OpenShort	-75	-0.8	-30	-10000	-15	-76	0.48	45%	0.06	13.4	1.86%	0	-1.3	28	0
10	Aug_6_2004	32.13	31.15	31.39	31.11			30.18(-1.37%)	DT	OpenShort	-75	-1	-21	-10000	-14	-40	0.86	42%	0.06	21.7	1.88%	0	-1	52	0

11	Aug_5_2004	32.11	31.13	31.59	31.51			30.6(-2.45%)	DT	OpenShort	-75	-1	-7	-10000	-9	-1	1.39	42%	0.06	27.8	1.87%	0	-0.6	56	0
12	Aug_4_2004	32.09	31.12	31.76	31.51			31.37(0.1%)	UT	OpenLong	75	-0.4	10	-10000	0	38	1.29	46%	0.12	15.1	1.85%	0	0.3	67	0
13	Aug_3_2004	32.05	31.08	31.82	31.77			31.34(-2.31%)	UD	OpenLong	75	-0.5	15	-10000	-0	58	1.61	46%	0.09	-2	1.86%	0	0.3	69	0
14	Aug_2_2004	32.02	31.03	31.89	31.78			32.08(-0.28%)	UD	OpenLong	75	0.3	22	-10000	2	83	0.81	49%	0.16	-16.6	1.85%	0	1.1	78	0
15	Jul_30_2004	31.97	30.95	31.74	31.72			32.17(0.91%)	UT	HoldLong	65	0.5	23	-10000	1	89	0.69	62%	0.13	-35.2	1.87%	0	1.3	81	0

16	Jul_29_2004	31.93	30.88	31.57	31.7			31.88(1.59%)	UT	HoldLong	50	0.2	19	-10000	-2	82	0.78	62%	0.13	-54.2	2.2%	0	1.1	78	0
17	Jul_28_2004	31.89	30.98	31.4	31.78			31.38(0%)	UD	OpenLong	65	-0.3	20	-10000	-3	88	1.41	59%	0.09	-41.2	2.19%	0	0.3	66	0
18	Jul_27_2004	31.86	31.1	31.25	31.88			31.38(-1.26%)	UD	OpenLong	65	-0.4	20	-10000	-3	88	2.13	57%	0.09	-34.1	2.2%	0	0.2	57	0
19	Jul_26_2004	31.83	31.19	31.1	32			31.78(-1%)	UD	OpenLong	75	-0.2	29	-10000	7	96	1.3	54%	0.13	-34.4	2.21%	0	0.4	65	0
20	Jul_23_2004	31.79	31.28	30.89	31.74			32.1(-0.47%)	UD	OpenLong	75	0.2	27	-10000	10	78	2.02	54%	0.16	-40.2	2.22%	0	0.5	65	0

21	Jul_22_2004	31.74	31.37	30.64	31.4			32.25(1.1%)	UT	OpenLong	75	0.5	23	-10000	13	53	1.98	52%	0.13	-47.4	2.22%	0	0.5	59	0
22	Jul_21_2004	31.7	31.46	30.41	30.96			31.9(-0.28%)	N/A	N/A	0	0.5	8	-10000	12	-3	3.29	57%	0.16	-53.1	2.23%	0	0.2	32	0
23	Jul_20_2004	31.65	31.57	30.26	30.54			31.99(5.06%)	DP	OpenShort	-65	0.8	-3	-10000	13	-49	3.78	53%	0.13	-57.9	2.32%	0	0.2	33	0
24	Jul_19_2004	31.61	31.7	30.26	30.09			30.45(0.13%)	DP	OpenShort	-65	0.2	-22	-10000	5	-101	1.21	48%	0.09	-59.7	2.26%	0	-0.6	29	0
25	Jul_16_2004	31.58	31.93	30.07	29.92			30.41(1.23%)	DP	OpenShort	-65	0.2	-30	-10000	5	-136	1.67	50%		-59.6	2.26%	0	-0.7	27	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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