MCDONALD'S CORP (MCD)

US5801351017 - Common Stock

272.38  -1.13 (-0.41%)

After market: 272.38 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, MCD scores 1 out of 10 in our technical rating. MCD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
78% of all other stocks performed better in the past year than MCD.
In the last month MCD has a been trading in the 262.63 - 279.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MCD has an average volume of 3473790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MCD is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, MCD did better than 43% of them.
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.
Weekly and Daily overview Charts
MCD Weekly chart
MCD Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, MCD does present a nice setup opportunity. 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 272.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 271.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

256.18

303.55

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 266.69 to 271.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @258.77 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 272.63 to 276.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 284.45 to 284.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 295.93 to 300.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.37
Mansfield-1.53
10 Day High276.74
10 Day Low266.06
20 Day High279.82
20 Day Low262.63
52 Week High302.39
52 Week Low245.73
Performance
1 Week-0.95%
2 Weeks0.76%
1 Month0.14%
3 Month-6.73%
6 Month-1.22%
12 Month-7.84%
2 Year8%
3 Year16.46%
5 Year37.38%
10 Year168.54%
15 Year361.74%
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)
Technical Indicators
MACD(12,26,9)0.54
RSI(14)48.99
LBB266.68
UBB276.33
MCD Daily chart

MCDONALD'S CORP

NYSE:MCD (5/17/2024, 7:12:16 PM)

After market: 272.38 0 (0%)

272.38

-1.13 (-0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.41%
1 Week-0.95%
2 Weeks0.76%
1 Month0.14%
3 Month-6.73%
6 Month-1.22%
12 Month-7.84%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.85
ATR(20)%1.7%
ATR Inc
Range Today3.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High276.74
10 Day Low266.06
20 Day High279.82
20 Day Low262.63
52 Week High302.39
52 Week Low245.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.45M
Volume Incr-18.42%
Vol(5)2.95M
Vol(50)3.47M