MDO Technical Analysis - MCDONALD'S CORP

Technical Rating and Analysis

Overall MDO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MDO was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, MDO is a bad performer in the overall market: 61% of all stocks are doing better.

Warning: MDO has an average volume of 997 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month MDO has a been trading in the 252.00 - 268.80 range, which is quite wide. It is currently trading near the high of this range.

MDO is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 55% of 55 stocks in the same industry.

MDO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDO is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

MCDONALD'S CORP / MDO Weekly stock chart

Setup Rating and Analysis

MDO has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

242.00

297.81

When analyzing the support we can see 2 important areas.

A support zone ranging from 259.08 to 262.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 244.44 to 254.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

Resistance @268.35 from a trend line in the daily time frame.
Resistance @279.85 from a horizontal line in the daily time frame.
A resistance zone ranging from 291.05 to 294.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.

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Technical Indicator Signal Analysis

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 MDO.DE is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MDO.DE is up.
ChartMill Relative Strength	39.22	NEUTRAL	MDO.DE is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MDO.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MDO.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MDO.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	66.35	NEUTRAL	The RSI value for MDO.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.46	POSITIVE	The MACD value suggests MDO.DE has a positive trend.
Stochastics (14,3)	93.26	OVERBOUGHT	The high Stochastics value suggests MDO.DE may be overbought.
Average True Range in percent/ATR (20)	1.21	LOW VOLATILITY	The low ATR as a percentage value for MDO.DE suggests low volalility.
Average Directional Index/ADX (14)	23.93	NEUTRAL	The ADX value for MDO.DE suggests a possible start of a new trend.