Trading Signals: MCK Stock Price Prediction and Forecast

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Wed. Dec. 24, 2008

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

(McKesson Corporation)
MCK latest price $37.1700 (0.11%) ($36.9300 - $37.5800) on Wed. Dec. 24, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.6% (three month average)
RSI   75
Latest Price   $37.1700(0.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCK declines -0.4% a day on average for past five trading days.
Weekly Trend   MCK advances 5.1% 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(50%)    IWM(46%)    XLP(46%)    QQQ(41%)    XLY(41%)
Factors Impacting MCK price   MCK will decline at least -2.3% in a week (0% probabilities).
TLT(-23%)    TIP(-10%)    SHY(-8%)    GLD(0%)    LQD(3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.3% (StdDev 4.6%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $37.42(-0.67%)
10 Day Moving Average   $37.21(-0.11%)
20 Day Moving Average   $35.49(4.73%)
To recent high   -32.8%
To recent low   30%
Market Cap   $6.029b

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 5.58% (three month std-dev: 4.6%) 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

> 20090124

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	Dec_24_2008	45.36	35.49	37.21	37.42			37.17(0.11%)	UD	OpenLong	65	-0.1	15	-10000	-2	65	0.52	38%	-0.46	82.4	4.6%	0	0.8	75	0
2	Dec_23_2008	45.57	35.28	36.89	37.55			37.13(0.38%)	UD	OpenLong	65	-0.2	16	-10000	-3	71	1.52	38%	-0.42	82.5	4.6%	0	0.9	73	0
3	Dec_22_2008	45.76	35.01	36.6	37.83			36.99(-2.38%)	UD	OpenLong	75	-0.4	23	-10000	2	85	1.59	37%	-0.41	77.7	4.6%	0	0.9	73	0
4	Dec_19_2008	45.95	34.69	36.34	37.68			37.89(-0.05%)	UD	OpenLong	75	0.1	26	-10000	3	93	2.62	39%	-0.41	60.7	4.61%	0	1.4	82	0
5	Dec_18_2008	46.14	34.24	35.91	37.41			37.91(0.24%)	UT	OpenLong	75	0.2	25	-10000	5	85	2.25	39%	-0.39	38	4.64%	0	1.5	60	0

6	Dec_17_2008	46.32	33.93	35.42	36.97			37.82(-1.84%)	UD	OpenLong	75	0.4	26	-10000	10	75	2.25	38%	-0.39	30.6	4.64%	0	1.7	62	0
7	Dec_16_2008	46.5	33.71	34.95	36.11			38.53(6.26%)	UT	OpenLong	75	1.1	23	-10000	11	59	3.41	38%	-0.34	16.8	4.67%	0	2.2	69	0
8	Dec_15_2008	46.66	33.45	34.37	35.2			36.26(-0.74%)	UD	OpenLong	75	0.6	15	-10000	5	44	3.41	35%	-0.45	-1.6	4.59%	0	1.5	69	0
9	Dec_12_2008	46.87	33.37	33.95	34.79			36.53(2.35%)	UT	OpenLong	75	1	17	-10000	8	44	3.47	35%	-0.4	-15.6	4.59%	0	1.8	73	0
10	Dec_11_2008	47.06	33.33	33.75	34.2			35.69(6.35%)	UT	HoldLong	65	0.9	19	-10000	7	55	4.53	35%	-0.51	-29.7	4.58%	0	1.3	76	0

11	Dec_10_2008	47.3	33.23	33.58	33.67			33.56(-1.15%)	UD	OpenLong	75	-0.1	14	-10000	1	51	2.14	33%	-0.46	-48.8	4.49%	0	0.2	56	0
12	Dec_9_2008	47.52	33.34	33.53	33.6			33.95(-0.82%)	UD	OpenLong	75	0.2	14	-10000	3	48	1.99	33%	-0.44	-51.3	4.5%	0	0.3	51	0
13	Dec_8_2008	47.73	33.48	33.29	33.4			34.23(1.91%)	UT	OpenLong	75	0.4	14	-10000	6	36	2.19	34%	-0.42	-48.4	4.5%	0	0.4	51	0
14	Dec_5_2008	47.93	33.65	32.93	32.96			33.59(1.76%)	N/A	N/A	0	0.3	-2	-10000	-4	5	2.29	34%	-0.42	-45.9	4.5%	0	-0	46	0
15	Dec_4_2008	48.13	33.85	32.46	33.23			33.01(-0.57%)	DT	OpenShort	-75	-0.1	-7	-10000	-3	-17	3.91	33%	-0.43	-36.9	4.49%	0	-0.3	42	0

16	Dec_3_2008	48.34	34.07	32.36	33.49			33.2(0.67%)	DT	HoldShort	-50	-0.1	-4	-10000	1	-17	3.64	33%	-0.43	-29.7	4.49%	0	-0.3	49	0
17	Dec_2_2008	48.55	34.29	32.39	33.45			32.98(2.97%)	DT	HoldShort	-50	-0.2	-4	-10000	4	-26	1.64	33%	-0.45	-32.3	4.49%	0	-0.5	43	0
18	Dec_1_2008	48.77	34.47	32.47	33.14			32.03(-8.33%)	DT	HoldShort	-50	-0.4	-8	-10000	4	-45	2.15	33%	-0.45	-36	4.48%	0	-0.9	40	0
19	Nov_28_2008	48.99	34.71	32.77	32.82			34.94(1.87%)	DP	OpenShort	-65	0.8	-1	-10000	18	-58	1	35%	-0.55	-43.9	4.38%	0	0.1	42	0
20	Nov_26_2008	49.26	34.77	32.84	31.55			34.3(4%)	DP	OpenShort	-65	1.1	-19	-10000	7	-97	2.62	35%	-0.46	-65.5	4.34%	0	-0.2	41	0

21	Nov_25_2008	49.49	34.84	32.79	31.09			32.98(4.8%)	DP	OpenShort	-75	0.7	-33	-10000	-2	-124	3.8	35%	-0.42	-75	4.3%	0	-0.7	39	0
22	Nov_24_2008	49.7	35.17	33.08	31.25			31.47(3.49%)	DP	OpenShort	-75	0.1	-39	-10000	-8	-132	3.65	32%	-0.36	-82.4	4.24%	0	-1.3	33	0
23	Nov_21_2008	49.88	35.46	33.63	31.76			30.41(6.33%)	DP	OpenShort	-75	-0.5	-42	-10000	-14	-124	5.65	33%	-0.5	-92.3	4.22%	0	-1.8	36	0
24	Nov_20_2008	50.13	35.91	34.41	32.73			28.6(-10.6%)	DT	OpenShort	-75	-1.5	-43	-10000	-22	-105	4.59	30%	-0.52	-93.4	4.13%	0	-2.7	28	0
25	Nov_19_2008	50.39	36.57	35.4	34.26			31.99(-5.3%)	DT	OpenShort	-75	-0.9	-20	-10000	-6	-63	2.41	33%		-94.7	3.96%	0	-1.9	36	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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