MCDONALD'S CORP (MCD) Technical Analysis
NYSE:MCD • US5801351017
We assign a technical rating of 7 out of 10 to MCD. Although MCD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month MCD has a been trading in the 320.15 - 341.75 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MCD is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. MCD outperforms 70% of them.
- 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 3306640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 57% of all stocks.
Besides having an excellent technical rating, MCD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 314.07, a Stop Loss order could be placed below this zone.
More info and screens
278.13
5 important support areas can be observed.
- A support zone ranging from 312.32 to 314.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 305.24 to 305.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 298.70 to 298.77. 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.
- 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 341.07 to 341.07. 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 | NEUTRAL | NEUTRAL | The short term trend for MCD is neutral. |
| ChartMill Relative Strength | 57.59 | NEUTRAL | MCD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCD is below 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) | 45.59 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests MCD has a negative trend. |
| Stochastics (14,3) | 21.37 | NEUTRAL | The Stochastics value for MCD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for MCD suggests a strong 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 |
|---|---|---|---|
| 330.33 | 321.31 | 9.02 (2.73%) | 25.00% |
| An entry @330.33. This is a Buy Stop order right above the 10 day moving average. | An exit @321.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.02 points, which is 2.73%. | For a 0.68% total portfolio risk, you can invest 25.00% 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.
MCD Technicals: Chart, Performance Metrics, Trend & Indicators
323.91
-1.3 (-0.4%)
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 trend direction for 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 45.5933. This indicates that the stock is currently neutral.
What is the support and resistance level for MCD stock?
MCDONALD'S CORP (MCD) has a support level at 314.07 and a resistance level at 341.07. Check the full technical report for our detailed analysis of MCD support and resistance levels.