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Takip Edin: @UscMarketsMCK Stock Forecast & McKesson Corporation Chart Analysis
This article provides a detailed analysis of MCK-McKesson Corporation stock including a forecast for MCK shares. It features McKesson Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
MCK Historical Data Review
MCK Current Price Performance Analysis
The McKesson Corporation - MCK stock traded on the American stock market, on 06-05-2024, closed at 579.6$ with a %1.02 increased compared to the previous day.
In the last month, the price of MCK changed by %8.66 increased in value, from 533.41 dollars on 05-06-2024 to 579.6 dollars, increased.
Last year, the price of MCK was 388.96 dollars on 06-06-2023, and changed by %49.01 increased in value, to 579.6 dollars increased within a year.
The price of McKesson Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
MCK with AI Stock Forecast & Price Target
On the MCK chart McKesson Corporation price was recorded as 579.6 Dollars on 06/05/2024.
The artificial intelligence's forecast on MCK stock is as follows.
The artificial intelligence's prediction error margin for MCK stock is moderate.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for McKesson Corporation stock over the next 4 months is: 583.8 Dollars.
The commentary on MCK stock Target Price: Highest: 649.55 Dollars is predicted.
The commentary on MCK stock Target Price: Lowest: 519.058 Dollars is predicted.
Resistance Price where McKesson Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 566.637 |
| 04-01-2025 | 649.550 |
Support Price where McKesson Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 519.058 |
The commentary on MCK stock: The target price can generally be said to be on the rise.
The commentary on MCK stock: Fluctuations in the target price can be expected in the coming days.
The target price for McKesson Corporation stock by the end of 2024 is predicted to be 601.824 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MCK stock, and the 2024 target price predictions for McKesson Corporation are detailed above.
The technical analysis and charts for the commentary on MCK stock are below.
MCK Support & Resistance and Trend Analysis
MCK stock you have reviewed the technical analysis support resistance charts regarding.
MCK : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MCK review, the McKesson Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
McKesson Corporation Support and Resistance Prices:
| MCK Support Level Price | MCK Resistance Level Price |
|---|---|
| 431.35 | 468.25 |
| 438.81 | 473.18 |
| 478.65 | 476.35 |
| 488.29 | 507.21 |
| 514.88 | 519.75 |
| 517.92 | 537.26 |
| 518.27 | 543.00 |
| 518.42 | 566.01 |
| 547.01 | 566.16 |
| 574.51 |
MCK Technical Analysis: SMA, RSI, MACD
Upon reviewing the MCK chart, buy and sell signals have been generated in the McKesson Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MCK stock are as follows:- The technical analysis for MCK indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for McKesson Corporation issued a 'Buy' signal when the MACD was at 6.754, with the current MACD value being: 8.781
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for McKesson Corporation stock: Click here to read more predictions on Parker-Hannifin Corporation stock.
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