Trading Signals: MCK Stock Price Prediction and Forecast

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Wed. Jun. 22, 2016

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

(McKesson Corporation)
MCK latest price $181.5300 (1.26%) ($179.0200 - $182.7200) on Wed. Jun. 22, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.66% (three month average)
RSI   35
Latest Price   $181.5300(1.26%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MCK advances 0.1% a day on average for past five trading days.
Weekly Trend   MCK declines -2% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support MCK advance at 0% a week (0% probability)
XLV(56%)    IVE(53%)    IWD(52%)    VYM(52%)    SDY(51%)
Factors Impacting MCK price   MCK will decline at least -0.83% in a week (0% probabilities).
TLT(-21%)    VIXM(-16%)    TIP(-8%)    UUP(-7%)    GDXJ(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.83% (StdDev 1.66%)
Hourly BBV 0 ()
Intraday Trend 1.4%

Resistance Level   $183.04
5 Day Moving Average   $179.64(1.05%)
10 Day Moving Average   $181.53(0%)
20 Day Moving Average   $183.04(-0.82%)
To recent high   -3.3%
To recent low   17.4%
Market Cap   $29.442b

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 1.68% (three month std-dev: 1.66%) 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

> 20160722

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	Jun_22_2016	167.46	183.04	181.53	179.64			181.53(1.26%)	DP	OpenShort	-65	0.6	-17	-10000	1	-70	1.11	71%	0.16	-15.5	1.66%	0	-0.5	35	0
2	Jun_21_2016	167.19	183.12	182.09	179.52			179.27(-0.33%)	DT	OpenShort	-75	-0.1	-20	-10000	-3	-69	0.73	71%	0.13	-3.6	1.66%	0	-1.3	39	0
3	Jun_20_2016	166.98	183.13	182.67	179.98			179.87(1.18%)	DP	OpenShort	-75	-0	-20	-10000	-5	-63	1.47	71%	0.11	9.5	1.67%	0	-1.1	45	0
4	Jun_17_2016	166.79	183.28	183.4	180.73			177.78(-1.1%)	DT	OpenShort	-75	-1	-19	-10000	-10	-46	1.52	69%	0.11	41.5	1.74%	0	-1.8	46	0
5	Jun_16_2016	166.61	183.48	184.31	182.27			179.75(-0.65%)	DT	OpenShort	-75	-0.9	-12	-10000	-9	-19	1.18	69%	0.08	83.6	1.77%	0	-1.3	54	0

6	Jun_15_2016	166.48	183.53	185.14	183.69			180.93(-0.34%)	N/A	N/A	0	-1	-5	-10000	-8	5	1.19	63%	0.06	118.5	1.77%	0	-0.9	48	0
7	Jun_14_2016	166.38	183.22	185.58	185.06			181.55(-1.14%)	UD	OpenLong	65	-1	3	-10000	-4	22	1.3	63%	0.07	111.1	1.87%	0	-0.5	49	0
8	Jun_13_2016	166.26	182.83	185.81	185.74			183.64(-0.99%)	UD	OpenLong	65	-0.5	6	-10000	-4	37	1.44	63%	0.08	99.1	1.87%	0	0.2	62	0
9	Jun_10_2016	166.12	182.03	185.64	186.45			185.47(-0.75%)	UD	OpenLong	65	-0.2	10	-10000	-1	44	1.13	65%	0.09	76.9	1.9%	0	0.6	56	0
10	Jun_9_2016	165.97	181.18	185.11	186.64			186.88(-0.46%)	UD	OpenLong	65	0	10	-10000	-1	44	1.36	65%	0.1	65.1	1.9%	0	0.9	60	0

11	Jun_8_2016	165.8	180.3	184.72	186.83			187.74(1.5%)	UT	OpenLong	75	0.1	16	-10000	3	54	1.27	62%	0.11	66.2	1.91%	0	1.1	64	0
12	Jun_7_2016	165.61	179.44	184.2	186.24			184.97(-1.18%)	UD	OpenLong	75	-0.2	17	-10000	2	62	1.15	62%	0.12	65.1	1.94%	0	0.8	69	0
13	Jun_6_2016	165.41	178.8	183.61	185.87			187.17(0.38%)	UT	OpenLong	75	0.2	23	-10000	7	72	0.75	62%	0.14	66.7	1.93%	0	1.2	74	0
14	Jun_3_2016	165.18	177.89	183.09	184.68			186.46(-0.71%)	UD	OpenLong	75	0.3	28	-10000	8	89	1.5	64%	0.13	63.3	1.93%	0	1.3	80	0
15	Jun_2_2016	164.96	177.17	182.51	183.31			187.79(1.61%)	UT	HoldLong	65	0.7	29	-10000	6	98	1.68	64%	0.19	62.8	1.95%	0	1.6	78	0

16	Jun_1_2016	164.65	176.03	181.68	182.33			184.81(0.91%)	UT	OpenLong	75	0.4	29	-10000	2	108	1.79	64%	0.13	49.7	1.94%	0	1.4	73	0
17	May_31_2016	164.44	175.18	180.6	181.92			183.14(1.06%)	UT	OpenLong	75	0.2	32	-10000	5	111	2.71	64%	0.01	43.1	1.97%	0	1.3	68	0
18	May_27_2016	164.42	174.43	179.58	181.03			181.22(0.92%)	UD	OpenLong	65	0	26	-10000	-1	105	1.07	64%	-0.04	33.8	1.94%	0	1.1	63	0
19	May_26_2016	164.49	173.76	178.17	181.24			179.57(-1.83%)	UD	OpenLong	65	-0.3	25	-10000	-2	105	2.04	64%	-0.08	28.2	1.96%	0	1	65	0
20	May_25_2016	164.62	173.23	177.02	181.52			182.92(0.08%)	UT	OpenLong	75	0.2	29	-10000	4	105	2.12	64%	-0.08	23.4	1.94%	0	1.7	62	0

21	May_24_2016	164.75	172.9	175.62	180.91			182.77(2.31%)	UT	OpenLong	75	0.3	36	-10000	11	111	2.07	64%	-0.07	22.3	1.94%	0	1.8	70	0
22	May_23_2016	164.87	172.53	174.33	179.06			178.65(-2%)	UD	OpenLong	75	-0.1	30	-10000	7	97	1.33	62%	0.08	14.7	1.92%	0	1.2	62	0
23	May_20_2016	164.73	172.4	173.65	177.84			182.29(0.73%)	UT	OpenLong	75	0.9	40	-10000	20	99	2.53	64%	-0.1	11.1	1.91%	0	1.9	65	0
24	May_19_2016	164.89	172.11	172.25	174.56			180.96(0.59%)	UT	OpenLong	75	1.3	30	-10000	17	67	3.49	64%	-0.11	-2.1	1.92%	0	1.8	65	0
25	May_18_2016	165.07	171.88	171.31	171.83			179.89(3.68%)	UT	OpenLong	75	1.8	21	-10000	13	43	4	64%		-9.8	1.93%	0	1.7	62	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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