McCormick & Co. (MKC) looks bearish

MKC: Bearish continuation pattern intact with risk into the upper to mid 50s

The technicals for McCormick & Co. (MKC) remain bearish following the company’s earnings report earlier today (10/7/2025). The breakdown from a one-year bearish continuation pattern remains intact below the 70 area, reinforced by declining 26- and 40-week moving averages at 71.87–74.01.

MKC shows downside risk toward the late 2023 and early 2020 lows near 59 and 56, respectively.

A bearish relative trend versus the S&P 500 confirms this challenging absolute price setup, keeping MKC in a technically weak position.

Chart 1: McCormick & Co. (MKC): Weekly chart

MKC: At risk for a massive head and shoulders top

On the monthly logarithmic scale chart, McCormick & Co. (MKC) is at risk to complete a massive head and shoulders (H&S) top that has developed from mid-2018 into late 2025. A decisive break below 59.50–56.11 would confirm this bearish long-term pattern and imply downside risk into the low 30s.

Chart 2: McCormick & Co. (MKC): Monthly log scale chart