Technical Analysis for 0JZU - McKesson Corp.

Grade Last Price % Change Price Change
A 537.65 -0.53% -2.89
0JZU closed down 0.53 percent on Friday, April 26, 2024, on 10 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 6
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
MACD Bullish Signal Line Cross Bullish -0.53%
20 DMA Support Bullish 0.41%
Gapped Down Weakness 0.41%
20 DMA Support Bullish 1.10%
Volume Surge Other 1.10%

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Profile

McKesson Corp. Description

McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs, and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The RxTS segment serves biopharma and life sciences partners and patients to address medication challenges for patients by working across healthcare; connects patients, pharmacies, providers, pharmacy benefit managers, health plans, and biopharma companies to deliver innovative solutions to help people get the medicine needed to live healthier lives; and provides prescription price transparency, benefit insight, dispensing support, third-party logistics, and wholesale distribution support services. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers, including physician offices, surgery centers, nursing homes, hospital reference labs, and home health care agencies. The International segment offers distribution and services to wholesale, institutional, and retail customers in Europe and Canada. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.


Classification

Keywords: Healthcare Surgery Retail Customers Pharmacy Healthcare Services Healthcare Providers Pharmaceuticals Policy Practice Management

Is 0JZU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 543.05
52 Week Low 352.9459
Average Volume 361
200-Day Moving Average 468.74
50-Day Moving Average 526.68
20-Day Moving Average 531.49
10-Day Moving Average 529.91
Average True Range 8.68
RSI (14) 56.71
ADX 16.21
+DI 23.24
-DI 16.25
Chandelier Exit (Long, 3 ATRs) 517.00
Chandelier Exit (Short, 3 ATRs) 540.80
Upper Bollinger Bands 545.60
Lower Bollinger Band 517.39
Percent B (%b) 0.72
BandWidth 5.31
MACD Line 2.17
MACD Signal Line 1.48
MACD Histogram 0.6901
Fundamentals Value
Market Cap 1.05 Billion
Num Shares 195 Million
EPS 7.23
Price-to-Earnings (P/E) Ratio 74.38
Price-to-Sales 0.00
Price-to-Book 0.00
Dividend 2.32
Dividend Yield 0.43%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 546.08
Resistance 3 (R3) 546.23 543.57 544.68
Resistance 2 (R2) 543.57 541.42 543.50 544.21
Resistance 1 (R1) 540.61 540.10 539.28 540.46 543.74
Pivot Point 537.95 537.95 537.29 537.88 537.95
Support 1 (S1) 534.99 535.80 533.66 534.84 531.56
Support 2 (S2) 532.33 534.48 532.26 531.09
Support 3 (S3) 529.37 532.33 530.63
Support 4 (S4) 529.22