NYSE:MCD - New York Stock Exchange, Inc. - US5801351017 - Common Stock - Currency: USD
Taking everything into account, MCD scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MCD is showing a nice and steady performance.
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. There is a resistance zone just above the current price starting at 321.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 316.56, a Stop Loss order could be placed below this zone.
245.74
When analyzing the support we can see 6 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
321.31 | 316.55 | 4.76 (1.48%) | 25.00% |
An entry @321.31. This is a Buy Stop order right above the resistance zone. | An exit @316.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.76 points, which is 1.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
319.08
+10.36 (+3.36%)