McKesson Corporation
Here’s whether McKesson Corporation (MCK) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 39 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-4.63% over 10 days); 3-month momentum negative (-20.0%); rising volume on a downtrend (distribution, 1.19x avg). Currently 23.3% off its 52-week high. Score: -4/7.
MCK is trading below its 200-day MA ($816.49) — a key warning sign the longer-term trend is under pressure. An RSI of 39.0 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +7.8% compares to +27.9% for SPY (trailed the market by 20.1%). The current 23.3% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.