Trading Signals: MCK Stock Price Prediction and Forecast

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Thu. Feb. 2, 2017

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

(McKesson Corporation)
MCK latest price $139.0000 (-0.74%) ($137.8400 - $139.8100) on Thu. Feb. 2, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.2% (three month average)
RSI   44
Latest Price   $139.0000(-0.74%)
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 -3.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support MCK advance at 0% a week (0% probability)
XLV(57%)    IVE(55%)    IWD(54%)    VYM(54%)    SDY(53%)
Factors Impacting MCK price   MCK will decline at least -1.1% in a week (0% probabilities).
TLT(-22%)    VIXM(-15%)    UUP(-8%)    TIP(-8%)    GDXJ(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.1% (StdDev 2.2%)
Hourly BBV 0 ()
Intraday Trend -0.6%

1 - 5 Day Possible Target   $134.61(-3.16%)
Resistance Level   $144.69
5 Day Moving Average   $138.41(0.43%)
10 Day Moving Average   $142.68(-2.58%)
20 Day Moving Average   $144.69(-3.93%)
To recent high   -8%
To recent low   7.3%
Market Cap   $22.544b

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 3.17% (three month std-dev: 2.2%) 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

> 20170302

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	Feb_2_2017	149.04	144.69	142.68	138.41			139(-0.74%)	DP	OpenShort	-65	0.1	-21	-10000	1	-88	2.7	64%	-0.19	-35.3	2.2%	0	-1.2	44	0
2	Feb_1_2017	149.33	145.19	143.51	138.32			140.03(0.63%)	DP	OpenShort	-75	0.4	-32	-10000	-14	-86	2.8	64%	-0.25	-30.7	2.29%	0	-1.2	48	0
3	Jan_31_2017	149.7	145.58	144.47	140.53			139.15(1.49%)	DP	OpenShort	-75	-0.3	-23	-10000	-11	-60	3.11	64%	-0.29	-11.5	2.29%	0	-1.5	41	0
4	Jan_30_2017	150.13	145.71	145.43	142.36			137.11(0.27%)	DP	OpenShort	-75	-1.3	-22	-10000	-15	-42	3.12	64%	-0.27	0.4	2.31%	0	-2.1	38	0
5	Jan_27_2017	150.53	146.01	146.52	144.8			136.74(-1.31%)	DT	OpenShort	-75	-2.1	-11	-10000	-10	-12	3.35	40%	-0.32	18.8	3.69%	0	-2.4	37	0

6	Jan_26_2017	151.01	146.33	147.46	147.51			138.55(-8.31%)	N/A	N/A	0	-2.7	-3	-10000	-6	5	7.18	40%	-0.32	46	3.69%	0	-2.4	40	0
7	Jan_25_2017	151.49	146.57	148.07	149.26			151.1(1.88%)	UT	OpenLong	75	0.6	4	-10000	1	14	2.91	47%	-0.22	69.7	3.54%	0	1.5	54	0
8	Jan_24_2017	151.83	146.08	147.62	148.99			148.31(-0.68%)	UD	OpenLong	75	-0.2	3	-10000	-0	11	1.59	47%	-0.03	66.5	3.53%	0	0.8	52	0
9	Jan_23_2017	151.87	145.69	147.47	149.01			149.32(-0.64%)	UD	OpenLong	75	0.1	6	-10000	2	19	1.79	47%	-0.23	63.9	3.53%	0	1.2	68	0
10	Jan_20_2017	152.22	145.31	147.21	148.58			150.28(2.03%)	UT	OpenLong	75	0.6	9	-10000	4	23	3.08	47%	-0.22	56	3.53%	0	1.6	66	0

11	Jan_19_2017	152.56	144.84	146.8	147.46			147.29(-1.64%)	UD	OpenLong	75	-0.1	8	-10000	3	21	1.12	47%	-0.25	35.7	3.52%	0	0.8	63	0
12	Jan_18_2017	152.95	144.55	146.91	146.65			149.74(0.88%)	UT	OpenLong	75	1	7	-10000	2	23	1.35	47%	-0.23	20.6	3.52%	0	1.7	67	0
13	Jan_17_2017	153.3	144.16	146.63	146.06			148.43(0.85%)	UT	OpenLong	75	0.8	7	-10000	1	26	2.31	47%	-0.44	10.3	3.52%	0	1.5	67	0
14	Jan_13_2017	153.97	143.84	145.88	145.74			147.18(1.73%)	UT	OpenLong	75	0.5	6	-10000	0	24	1.27	47%	-0.24	6.2	3.49%	0	1.2	67	0
15	Jan_12_2017	154.34	143.63	145.36	145.69			144.68(1.03%)	UD	OpenLong	65	-0.4	6	-10000	-1	25	1.3	47%	-0.3	8.6	3.48%	0	0.4	59	0

16	Jan_11_2017	154.8	143.77	145.09	146.06			143.2(-2.47%)	UD	OpenLong	65	-1.1	4	-10000	-4	27	2.04	47%	-0.33	17.4	3.48%	0	-0.2	57	0
17	Jan_10_2017	155.31	143.92	145.03	147.13			146.82(-0.01%)	UD	OpenLong	75	-0.1	9	-10000	-0	37	1.18	47%	-0.31	29.4	3.47%	0	1	66	0
18	Jan_9_2017	155.79	143.86	144.48	147.25			146.84(-0.05%)	UD	OpenLong	75	-0.1	14	-10000	5	40	1.16	47%	-0.31	35.2	3.47%	0	1.1	63	0
19	Jan_6_2017	156.28	143.67	143.84	145.98			146.92(0.29%)	UT	OpenLong	75	0.3	10	-10000	4	29	1.33	47%	-0.31	23.3	3.47%	0	1.2	63	0
20	Jan_5_2017	156.77	143.4	143.29	144.95			146.5(-1.4%)	UD	OpenLong	75	0.6	8	-10000	4	21	1.3	47%	-0.32	10.2	3.47%	0	1.2	57	0

21	Jan_4_2017	157.27	143.31	142.73	143.95			148.58(0.78%)	UT	OpenLong	75	1.8	6	-10000	5	7	1.9	47%	-0.3	7.1	3.47%	0	2	47	0
22	Jan_3_2017	157.75	143.1	141.96	142.65			147.43(4.97%)	N/A	N/A	0	2	2	-10000	5	-7	2.95	47%	-0.55	-4.3	3.46%	0	1.8	49	0
23	Dec_30_2016	158.63	142.88	141.38	141.4			140.45(-0.94%)	DT	OpenShort	-75	-0.4	-6	-10000	0	-22	1.2	43%	-0.36	-20.3	3.4%	0	-1.1	29	0
24	Dec_29_2016	159.21	143.02	141.57	141.38			141.78(0.18%)	DP	OpenShort	-75	0.2	-6	-10000	0	-24	0.81	42%	-0.34	-17.5	3.41%	0	-0.6	46	0
25	Dec_28_2016	159.76	143.13	141.71	141.34			141.53(-0.38%)	DT	OpenShort	-75	0.1	-6	-10000	0	-23	0.7	42%		-12.8	3.41%	0	-0.8	51	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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