MCD Technical Analysis - MCDONALD'S CORP

Technical Rating and Analysis

Taking everything into account, MCD scores 2 out of 10 in our technical rating. MCD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month MCD has a been trading in the 300.51 - 319.43 range, which is quite wide. It is currently trading near the lows of this range.

MCD has an average volume of 3356450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

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 47% of all stocks.

MCD is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, MCD did better than 54% of them.

MCD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCD is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MCDONALD'S CORP / MCD Weekly stock chart

Setup Rating and Analysis

The technical rating of MCD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

276.94

324.51

We found 4 important support areas.

A support zone ranging from 296.92 to 301.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @291.67 from a horizontal line in the daily time frame.
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.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 305.32 to 321.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for MCD is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for MCD is down.
ChartMill Relative Strength	47.37	NEUTRAL	MCD is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of MCD is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of MCD is below 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)	40.36	NEUTRAL	The RSI value for MCD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.75	NEGATIVE	The MACD value suggests MCD has a negative trend.
Stochastics (14,3)	9.42	OVERSOLD	The low Stochastics value suggests MCD may be oversold.
Average True Range in percent/ATR (20)	1.33	LOW VOLATILITY	The low ATR as a percentage value for MCD suggests low volalility.
Average Directional Index/ADX (14)	22.77	NEUTRAL	The ADX value for MCD suggests a possible start of a new trend.