MCDONALD'S CORP (MCD) Stock Technical Analysis
NYSE:MCD - New York Stock Exchange, Inc. - US5801351017 - Common Stock - Currency: USD
Taking everything into account, MCD scores 4 out of 10 in our technical rating. MCD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MCD has an average volume of 3657740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MCD outperforms 52% of them, which is more or less in line with the market.
MCD is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 46% of 131 stocks in the same industry.
MCD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCD is lagging the market.
In the last month MCD has a been trading in a tight range between 290.26 and 306.35.
MCD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 310.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 301.65, 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
245.74
324.51
We found 5 important support areas.
- A support zone ranging from 298.98 to 301.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 291.67 to 292.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @285.54 from a horizontal line in the daily time frame.
- A support zone ranging from 279.74 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 2 important areas.
- Resistance @310.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 316.56 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 | 52.81 | 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) | DOWN | MIXED | The current price of MCD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MCD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.81 | NEUTRAL | The RSI value for MCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests MCD has a positive trend. |
| Stochastics (14,3) | 70.19 | NEUTRAL | The Stochastics value for MCD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for MCD suggests low volalility. |
| Average Directional Index/ADX (14) | 14.3 | 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)
304.23
+1.34 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.44%
1 Week1.67%
2 Weeks2.87%
1 Month3.65%
3 Month-3.01%
6 Month3.37%
12 Month13.56%
2 Year8.21%
3 Year20.59%
5 Year42.48%
10 Year220.18%
15 Year316.41%
Volatility
ATR(14)4.18
ATR(20)%1.45%
ATR Inc10.44%
Range Today5.82
ADR(20)4.16
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.81
Mansfield-0.62
10 Day High306.35
10 Day Low294.41
20 Day High306.35
20 Day Low290.26
52 Week High326.32
52 Week Low265.33
CS1 End301.65
CR1 Start310.21
Volume & EV
DER(3)0.76%
DER(5)1.71%
Volume4.73M
Volume Incr-2.77%
Vol(5)3.53M
Vol(50)3.66M