MCDONALD'S CORP (MCD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCD - US5801351017 - Common Stock
We assign a technical rating of 6 out of 10 to MCD. In the last year, MCD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MCD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 314.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 308.72, 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
278.13
3 important support areas can be observed.
- A support zone ranging from 298.77 to 308.72. 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 314.07 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 | NEUTRAL | NEUTRAL | The long term trend for MCD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MCD is up. |
| ChartMill Relative Strength | 53.65 | 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) | 56.57 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MCD has a positive trend. |
| Stochastics (14,3) | 68.04 | NEUTRAL | The Stochastics value for MCD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.84 | 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 |
|---|---|---|---|
| 313.81 | 299.58 | 14.23 (4.53%) | 22.05% |
| An entry @313.81. This is a Buy Stop order right above the 10 day high. | An exit @299.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.23 points, which is 4.53%. | For a 1.00% total portfolio risk, you can invest 22.05% of your capital in this trade. |
- 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.
311.23
+2.69 (+0.87%)
MCDONALD'S CORP / MCD FAQ
Can you provide the ChartMill technical rating for MCDONALD'S CORP?
ChartMill assigns a technical rating of 6 / 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 Bearish.
What is the RSI signal for MCDONALD'S CORP (MCD) stock?
MCDONALD'S CORP (MCD) has an RSI value of 56.5676. 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 308.72 and a resistance level at 314.07. Check the full technical report for our detailed analysis of MCD support and resistance levels.