After completing its last trading session, McKesson Corporation (NYSE:MCK) dropped by -1.2% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To understand this better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.042, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.497, an Accumulation/Distribution Index (ADI) of 2.497, an On-Balance Volume (OBV) of 6460.693, and a Chaiikin Money Flow (CMF) of 143.51. 5.08
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So there you have it – our analysis of McKesson Corporation (NYSE:MCK). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.