MCDONALD'S CORP (MCD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCD - US5801351017 - Common Stock
Overall MCD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MCD is only an average performer.
MCD has an excellent technical rating, but the quality of the setup is only medium 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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278.13
4 important support areas can be observed.
- A support zone ranging from 314.07 to 316.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 298.77 to 308.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @291.67 from a horizontal line in the daily time frame.
- A support zone ranging from 280.94 to 280.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 318.27 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 | 61.03 | 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) | 62.23 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests MCD has a positive trend. |
| Stochastics (14,3) | 80.78 | OVERBOUGHT | The high Stochastics value suggests MCD may be overbought. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for MCD suggests a weak or negative trend. |
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 | 314.06 | 7.25 (2.26%) | 25.00% |
| An entry @321.31. This is a Buy Stop order right above the resistance zone. | An exit @314.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.25 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of MCD. Please evaluate whether better entry and exit points can be found.
- 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.
316.72
+7.01 (+2.26%)
MCDONALD'S CORP / MCD FAQ
Can you provide the ChartMill technical rating for MCDONALD'S CORP?
ChartMill assigns a technical rating of 7 / 10 to MCD.
What is the current trend direction of MCDONALD'S CORP (MCD) stock?
The current trend direction for MCDONALD'S CORP (MCD) is Bullish.
What is the RSI signal for MCDONALD'S CORP (MCD) stock?
MCDONALD'S CORP (MCD) has an RSI value of 62.2253. This indicates that the stock is currently neutral.
What is the short term momentum for MCDONALD'S CORP (MCD) stock?
The short term momentum for MCDONALD'S CORP (MCD) is positive.
Can you provide the support and resistance levels for MCDONALD'S CORP?
MCDONALD'S CORP (MCD) has a support level at 316.56 and a resistance level at 318.27. Check the full technical report for our detailed analysis of MCD support and resistance levels.