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Technical Analysis
- 11/19/2009 8:54:36 AM
By Chip Brian, SmarTrend Analytics Team
McKesson (NYSE:MCK) initiated as Buy at UBS. The stock closed yesterday at $63.68 on volume of 1,028,337 shares, below average daily volume of 2,323,648.
McKesson is currently above its 50-day moving average of $59.99 and above its 200-day moving average of $47.44.
SmarTrend is bullish on shares of MCK and our subscribers received an Uptrend alert on May 04, 2009 at $38.49, which has returned 65.4% to date.
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