Trading Signals: MCK Stock Price Prediction and Forecast

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Wed. Oct. 26, 2022

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

(McKesson Corporation)
MCK latest price $385.4100 (0.78%) ($383.9300 - $389.6400) on Wed. Oct. 26, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.49% (three month average)
RSI   75
Latest Price   $385.4100(0.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCK advances 1.3% a day on average for past five trading days.
Weekly Trend   MCK advances 4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MCK advance at 0% a week (0% probability)
SPLV(28%)    DIA(18%)    IVE(10%)    IWD(10%)    OIH(10%)
Factors Impacting MCK price   MCK will decline at least -0.745% in a week (0% probabilities).
IBUY(-23%)    SMH(-20%)    ONLN(-17%)    IPO(-16%)    IDRV(-16%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.745% (StdDev 1.49%)
Hourly BBV 1.1 ()
Intraday Trend -0.4%

5 Day Moving Average   $375.36(2.68%)
10 Day Moving Average   $366.69(5.11%)
20 Day Moving Average   $357.71(7.74%)
To recent high   0%
To recent low   17.8%
Market Cap   $62.51b

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 3.5% (three month std-dev: 1.49%) daily (68% of days).

Sample size 50 Average positive next day return: 1.21%(58%) Average negative next day return: -1.12%(42%) Sample size 50 Average positive next three day return: 2.26%(46%) Average negative next three day return: -2.36%(54%) Sample size 50 Average positive next weekly return: 2.5%(54%) Average negative next weekly return: -2.89%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221126

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	Oct_26_2022	343.88	357.71	366.69	375.36	377.12	383.39	385.41(0.78%)	UT	OpenLong	75	0.8	299	130	305	281	0.99	64%	0.19	66	1.49%	1.1	2.2	75	1.3
2	Oct_25_2022	343.23	355.76	362.66	370.41	370.5	378.82	382.43(0.88%)	UT	OpenLong	75	1.1	350	160	376	272	0.93	65%	0.19	63.6	1.49%	1	2.4	69	1.4
3	Oct_24_2022	342.57	353.63	359.43	366.1	365.9	370.86	379.11(2.29%)	UT	OpenLong	75	1.4	360	90	396	251	1.12	65%	0.19	60.4	1.5%	1.5	2.7	67	1.1
4	Oct_21_2022	341.93	351.72	356.12	361.17	361.45	362.18	370.64(3.19%)	UT	OpenLong	75	1.2	105	20	105	106	1.03	63%	0.16	53.7	1.48%	2.5	2.5	69	0.9
5	Oct_20_2022	341.4	350.28	353.63	357.57	359.04	360.94	359.19(-0.41%)	UD	OpenLong	75	0.3	49	50	43	68	0.68	61%	0.11	48	1.43%	-0.4	1.4	68	1.4

6	Oct_19_2022	341.02	349.63	352.77	356.63	357.52	360.71	360.66(-0.06%)	UD	OpenLong	75	0.7	193	70	211	140	0.79	61%	0.09	50.9	1.44%	0.5	1.9	66	0.3
7	Oct_18_2022	340.7	348.83	352.02	353.58	353.9	357.15	360.88(1.8%)	UT	OpenLong	75	1.4	143	70	156	104	0.87	61%	0.06	43.5	1.45%	1.5	2.2	58	0.6
8	Oct_17_2022	340.49	348.01	351.33	351.71	351.44	354.32	354.49(0.52%)	UT	OpenLong	75	0.6	147	60	160	109	0.84	59%	0.06	37.9	1.44%	0.7	1.4	61	0.5
9	Oct_14_2022	340.29	347.68	350.56	350.28	350.15	350.65	352.65(-0.51%)	UD	OpenLong	75	0.5	102	10	108	84	0.73	59%	0.05	16	1.44%	0.8	1.1	58	0.8
10	Oct_13_2022	340.12	347.34	349.36	349.08	348.67	348.56	354.47(2.63%)	N/A	N/A	0	1.2	-22	-10	-35	16	1.2	59%	0.06	-11.9	1.44%	1.1	1.6	59	0.2

11	Oct_12_2022	339.9	346.66	348.13	348.39	348.69	349.65	345.39(-1.75%)	UD	OpenLong	75	-0.7	14	20	10	26	0.79	57%	0.05	-47.9	1.41%	-1.3	-0.3	49	0.8
12	Oct_11_2022	339.73	346.49	348.5	350.19	349.36	348.78	351.55(1.22%)	UT	OpenLong	75	0.3	18	-20	10	43	0.69	59%	0.07	-63.1	1.39%	0.9	1.2	56	0.6
13	Oct_10_2022	339.49	346.27	347.53	350.95	350.49	347.74	347.32(0.19%)	N/A	N/A	0	-0.7	-73	-60	-98	1	0.6	59%	0.08	-56	1.39%	-0.7	0.2	52	0.6
14	Oct_7_2022	339.23	346.99	347.13	350.84	351.37	349.93	346.66(-1.25%)	DT	OpenShort	-75	-0.6	-70	-20	-92	-4	0.45	62%	0.08	-46	1.44%	-1.6	-0	48	0.6
15	Oct_6_2022	338.95	347.87	346.83	349.48	350.54	353.24	351.05(-0.94%)	UD	OpenLong	75	0.2	69	60	75	51	0.43	62%	0.09	-41.4	1.43%	-1	0.4	55	1.1

16	Oct_5_2022	338.64	348.69	346.36	347.67	348.02	352.81	354.37(-0.28%)	UD	OpenLong	75	0.7	199	100	229	107	0.5	59%	0.07	-42.2	1.42%	1.1	0.6	63	1.7
17	Oct_4_2022	338.42	349.2	345.38	346.58	345.67	347.84	355.36(2.49%)	UT	OpenLong	75	0.9	167	40	192	90	0.88	59%	0.09	-43.5	1.45%	1.8	0.7	63	1.9
18	Oct_3_2022	338.13	349.38	344.27	343.8	344.61	343.24	346.74(2.02%)	DP	OpenShort	-75	0.3	-8	-20	-7	-11	0.76	57%	0.07	-51.8	1.43%	2.1	-0.3	48	0.6
19	Sep_30_2022	337.9	350.18	344.42	343.03	344.61	343.5	339.87(-0.62%)	DT	OpenShort	-75	-0.3	-84	-10	-90	-66	0.86	55%	0.05	-49.3	1.42%	-1	-1	29	-0.2
20	Sep_29_2022	337.72	351.37	345.1	343.71	344.67	345.99	342(-1.99%)	DT	HoldShort	-50	-0.2	-3	40	11	-43	0.66	57%	0.03	-48.8	1.42%	-1	-0.9	28	0.8

21	Sep_28_2022	337.62	352.6	345.08	344.7	344.2	345.84	348.94(2.19%)	RB	SmallLong	20	0.4	62	30	95	-36	1.11	60%	0.06	-44	1.41%	2.2	-0.4	29	0.9
22	Sep_27_2022	337.42	353.32	344.32	344.01	344.04	343.36	341.47(-0.41%)	DT	HoldShort	-50	-0.2	-23	-10	5	-106	0.94	57%	0.05	-45.3	1.4%	-0.6	-1.1	25	-0
23	Sep_26_2022	337.26	354.42	344.96	344.83	345.02	342.55	342.88(-0.11%)	DT	OpenShort	-75	-0.2	-115	-50	-100	-158	0.71	57%	0.03	-47.1	1.41%	-0.2	-1.1	35	0.7
24	Sep_23_2022	337.17	355.17	346.88	346.04	345.88	344.71	343.27(-1.06%)	DT	OpenShort	-75	-0.3	-124	-30	-113	-156	0.81	60%	0.09	-52.1	1.43%	-0.9	-1.2	33	0.7
25	Sep_22_2022	336.88	356.37	349.03	346.64	346.56	347.48	346.96(0.43%)	N/A	N/A	0	0	8	20	40	-90	1.11	60%		-52.4	1.43%	0.5	-1	35	0.7
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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