MCDONALD'S CORP (MCD) Stock Technical Analysis
NYSE:MCD - US5801351017 - Common Stock
313.44 USD
-0.63 (-0.2%)
313.44 USD
0 (0%)
We assign a technical rating of 7 out of 10 to MCD. MCD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
MCD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MCD is lagging the market slightly.
In the last month MCD has a been trading in the 298.30 - 316.80 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MCD has an average volume of 3803920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MCD turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
MCD is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, MCD did better than 51% of them.
MCD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 316.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 310.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
245.74
324.51
When analyzing the support we can see 5 important areas.
- A support zone ranging from 299.70 to 310.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 291.67 to 294.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @285.54 from a horizontal line in the daily time frame.
- A support zone ranging from 279.74 to 280.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @248.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 316.56 to 321.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MCD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCD is up. |
| ChartMill Relative Strength | 49.39 | NEUTRAL | MCD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MCD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.9 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests MCD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.94 | OVERBOUGHT | The high Stochastics value suggests MCD may be overbought. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for MCD suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 321.31 | 299.88 | 21.43 (6.67%) | 14.99% |
| An entry @321.31. This is a Buy Stop order right above the resistance zone. | An exit @299.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 21.43 points, which is 6.67%. | When investing 14.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
313.44
-0.63 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.2%
1 Week1.54%
2 Weeks2.98%
1 Month4.75%
3 Month-0.13%
6 Month1.66%
12 Month8.58%
2 Year11.49%
3 Year24.24%
5 Year46.8%
10 Year229.87%
15 Year329.02%
Volatility
ATR(14)4.96
ATR(20)%1.56%
ATR Inc-31.72%
Range Today3.6
ADR(20)4.59
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.39
Mansfield-0.48
10 Day High316.8
10 Day Low299.89
20 Day High316.8
20 Day Low298.3
52 Week High326.32
52 Week Low276.53
CS1 End310.21
CR1 Start316.56
Volume & EV
DER(3)-1.78%
DER(5)-1.14%
Volume2.94M
Volume Incr-16.76%
Vol(5)2.96M
Vol(50)3.80M