Mccormick & Co’s stock price (MKC) returned higher in the intraday levels, with positive signals from the RSI after reaching overbought levels, amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the important resistance of $78.40, provided it settles above the support of $73.80.

Trend forecast: Bullish