NYSE:MCD - New York Stock Exchange, Inc. - US5801351017 - Common Stock - Currency: USD
Taking everything into account, MCD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCD is showing a nice and steady performance.
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 321.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 315.40, a Stop Loss order could be placed below this zone.
245.74
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 305.00 | 16.31 (5.08%) | 19.70% |
An entry @321.31. This is a Buy Stop order right above the resistance zone. | An exit @305.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 16.31 points, which is 5.08%. | For a 1.00% total portfolio risk, you can invest 19.70% of your capital in this trade. |
319.8
-1.43 (-0.45%)