MCDONALD'S CORP (MCD) Stock Technical Analysis
NYSE:MCD - New York Stock Exchange, Inc. - US5801351017 - Common Stock - Currency: USD
Overall MCD gets a technical rating of 2 out of 10. Although MCD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MCD has a been trading in the 299.85 - 321.72 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MCD is one of the better performing stocks in the market, outperforming 73% of all stocks.
MCD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MCD is performing more or less in line with the market.
MCD has an average volume of 3573790 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!
MCD is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, MCD did better than 62% of them.
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.
More info and screens
245.74
324.51
4 important support areas can be observed.
- A support zone ranging from 301.94 to 304.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @285.52 from a horizontal line in the daily time frame.
- A support zone ranging from 279.73 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 309.34 to 321.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 73.32 | POSITIVE | MCD has a high relative strength, it outperformed 73.32% off all stocks 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) | DOWN | NEGATIVE | The current price of MCD is below a declining 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) | 36.51 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.14 | NEGATIVE | The MACD value suggests MCD has a negative trend. |
| Stochastics (14,3) | 11.64 | OVERSOLD | The low Stochastics value suggests MCD may be oversold. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 11.01 | NEGATIVE | The low ADX value for MCD suggests a weak or negative 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)
304.78
-2.58 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.84%
1 Week-2.53%
2 Weeks-3.11%
1 Month-2.84%
3 Month1.65%
6 Month2.76%
12 Month20.19%
2 Year2.13%
3 Year23.45%
5 Year65.22%
10 Year220.59%
15 Year362.7%
Volatility
ATR(14)4.18
ATR(20)%1.49%
ATR Inc30.28%
Range Today5.38
ADR(20)4.24
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.32
Mansfield-0.11
10 Day High315.65
10 Day Low299.85
20 Day High321.72
20 Day Low299.85
52 Week High326.32
52 Week Low243.53
CS1 End304.51
CR1 Start309.34
Volume & EV
DER(3)1.36%
DER(5)0.81%
Volume4.06M
Volume Incr15.01%
Vol(5)3.12M
Vol(50)3.57M