MCD correction doneI expect MCD to hit $269 by 7/19. $269.63 is the .382 retrace level off the 302 high and 249.38 low. Show's a double bottom with fib timing on the daily. I am in the 9/20 $260 calls for $7. other targets above: 275/291/316Longby allamerathlete443
MCD, 200 sma on the weekly BIG Support!! One could buy shares long term, or put sales or bull put spreads *once / if* MCD gets down into the $244 price zone. Gonna be super boring. But overall, likely profitable. MCD hasn't hit the 200 sma(on adjusted for dividends) chart since covid. When it bounced very hard. :-) Longby Reallifetrading118
The MacD pattern is finally hereSometimes a chart is just a chart. Don't take it too serious ;)by ronlobo2222
The Golden Arches at a Technical Crossroad .McDonald's Corporation (NYSE: MCD), a stalwart in the fast-food industry, is currently navigating turbulent waters. As of the latest market close, MCD is priced at $253.70, reflecting a slight dip in the pre-market at $253.44. The stock's technical indicators and recent price action suggest a critical juncture, providing both potential risks and opportunities for traders and investors alike. MCD's price action is currently showing signs of bearish pressure, as evidenced by the recent downturn in the stock's weekly candlestick pattern. The closing price of $253.70 positions the stock just above its immediate support level of approximately $252.80. This level is crucial as it marks the lower boundary of the recent trading range and could serve as a pivot point for future price movements. Relative Strength Index (RSI): With an RSI of 33.82, MCD is approaching oversold territory. This typically signals that the stock may be undervalued and could be due for a bounce. However, caution is advised as RSI alone isn't a definitive buy signal. Short-term MAs (10, 20, 30-day EMAs and SMAs) are all indicating a bearish trend as they align above the current price, suggesting downward pressure. The 200-day EMA at 253.41 is acting as a key support level. A sustained break below this could open up further downside risks. MACD: The MACD level at -6.86 indicates a bearish momentum, as the signal line is positioned below the MACD line, reinforcing the downtrend. The momentum indicator at -12.99 shows a bearish outlook, yet the proximity to oversold levels hints at a potential reversal if buying interest materializes. Stochastic Oscillator (%K at 14.74): Suggests a buy signal as it indicates the stock is oversold and could be due for an upward correction. The weekly chart reveals a clear downtrend with lower highs and lower lows forming since the peak earlier in the year. This bearish pattern is compounded by the stock trading below the Ichimoku cloud, which typically suggests continued downward momentum. The volume profile shows a decline in buying interest, as seen by the diminishing green bars, underscoring the selling pressure. Recent news highlights a mixed sentiment towards the fast-food sector. Despite inflationary pressures and shifting consumer preferences, McDonald's has shown resilience in its financial performance. The latest earnings reports indicate steady revenue, but the market remains cautious amid broader economic uncertainties. Support Levels: Immediate support lies at $252.80, followed by stronger support at the $250 psychological level. A break below these levels could accelerate the downward movement towards the $245.00 - $240.00 range. Near-term resistance is seen around $260.00, aligning with the 20-day SMA. A breach above this could signal a short-term bullish reversal, targeting the $270.00 - $275.00 range. Trade Recommendation Short-Term Long Position: Entry: Consider entering a long position if the price rebounds off the $252.80 support level with confirmation (such as a bullish candlestick pattern or increased volume). Target: Aim for the $260.00 resistance level, with a potential stretch goal to $270.00. Stop Loss: Place a stop loss below $250.00 to protect against further downside. Short Position: Entry: Enter a short position on a decisive break below $252.80 with strong volume. Target: Look for a move towards $245.00, and further to $240.00 if the bearish momentum persists. Stop Loss: Set a stop loss above $255.00 to mitigate risk if the breakout fails. While McDonald's (MCD) is teetering on the edge of critical support, its near-oversold status presents a potential short-term buying opportunity. However, traders should remain vigilant for further bearish developments that could lead to additional downside. The interplay of these factors makes MCD a compelling candidate for both long and short strategies in the upcoming sessions.by AxiomEx3
McDoc will be ready move upward Disclaimer this chart analysis will be for reding purpose only Longby amair0203041
McDonalds in potential rising channelMcDonalds could be in a potential rising or sideway channel. What is your thought? Longby DavSab1
Great food, Great stock. Bottom of regression trendMcDonald's Corporation is an American multinational fast food chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States.Longby space_bear1
Ammunition park at 206 price level for MCD stockNo hurry, awaiting for this stock to come own to this level - 206 to 218 to consider going LONGLongby dchua1969Updated 2
MCD on the uptrend on a weekly chart. Go Long.MCD on the uptrend on a weekly chart. Go Long. This analysis is for informational purposes only.Longby quietbull226
MCD Breakdown?MCD appears to have broken down from a significant trendline going back to Feb '21. Potential target levels displayed by orange lines. Theoretically could retrace to as low as Feb lows.Shortby ronzo777115
MCDONALDS WILL GO FURTHER DOWNSIDE WITH THIS PATTERNMCD has formed a bearish flag pattern, suggesting a potential decline towards the daily support level. It's prudent to await confirmation of a bearish breakout from the flag pattern before considering any further action.Shortby traderchamp_8
MCD: Long-Term Investment Technicals : MCD has bottomed.... Ichimoku Cloud Twist and breakout! Bullish G-TAZ ADZ bullishLongby RocketmanUpdated 3
MCD BUY BUY BUY....never see againconfirming my latest analysis on the stock, the price tested the volumetric support of the HVA (High Value Area), bouncing on the 267.13 level. In my opinion, this level, so interesting, we may never see again.Longby NewHOrizons12
MCD eyes on $269: MickeyDee's needs to bounce hereMCD has been retracing from $300. Now at a major support around 269. Strongest support above the 250 area. $ 268.98 - 269.67 is the exact zone of interest. $ 250.05 - 251.41 is the next strong support below. $ 273.05 - 274.41 is the immediate resistance above. ===============================================by EuroMotifUpdated 6
MCD LONG : GREAT LONG FOR A GREAT RRR From a technical point of view, the bullish channel that I am sharing, has been faithfully mainteined by the price, since 2018 (except for the covid crisis which catalyzed an historical volatility much greater than the average volatility of the stock). The current price, compared at revenue, it is definitely interesting. In a context of increasing volatility, holding a defensive stock like MCD could be a winning opportunity in the portfolioLongby NewHOrizons1112
MCD Taking a biteNYSE:MCD Multi-timeframe analysis indicates strong momentum on to the upside giving a higher probability that a trend reversal could be in play. On the daily, we see short term bullish price action confirmed by volume (denoted by the highlighted circle. These charts in combination allows us to initiate a trade to the long side.Longby et20tradeviewUpdated 2
McDonald’s Misses Profit Estimates Amidst Middle East Conflict:McDonald's Corporation (NYSE: NYSE:MCD ) falls short of quarterly profit estimates for the first time in two years. Amidst a backdrop of geopolitical tensions in the Middle East and evolving consumer preferences, the iconic fast-food chain faces challenges in maintaining its market dominance. This article delves into the factors behind McDonald's recent performance and the broader implications for its global operations. Growing Consumer Landscape: In an era where consumers are becoming increasingly budget-conscious, McDonald's, known for its affordability, is witnessing a shift in consumer behavior. CEO Chris Kempczinski acknowledged that consumers are becoming more discerning with their spending, signaling a departure from traditional consumption patterns. This shift underscores the need for McDonald's to reassess its pricing strategy and value proposition in the face of changing market dynamics. Impact of Middle East Conflict: The ongoing conflict in the Middle East has cast a shadow over McDonald's international sales, particularly in regions where geopolitical tensions are high. With CFO Ian Borden's warning of a sequential decline in international sales, the company faces headwinds in key markets such as China, where economic sluggishness compounds the challenges posed by geopolitical unrest. Western brands like McDonald's find themselves embroiled in controversy, facing protests and boycott campaigns over perceived political affiliations, further exacerbating the situation. Franchise Disputes and Public Relations Challenges: McDonald's recent controversies, including backlash from franchises in Muslim-majority countries and legal disputes in Malaysia, highlight the complexities of operating a global brand in a politically charged environment. The company's acquisition of its Israeli franchise and legal actions against boycott movements underscore its efforts to manage reputational risks and safeguard its business interests. However, navigating geopolitical sensitivities while maintaining a consistent brand image remains a delicate balancing act for McDonald's. Looking Ahead: As McDonald's grapples with the fallout from missed profit estimates and geopolitical tensions, the road ahead remains uncertain. The company must adapt to evolving consumer preferences, mitigate geopolitical risks, and navigate public relations challenges to regain its footing in the global market. Strategic adjustments in pricing, marketing, and corporate governance will be crucial as McDonald's seeks to restore investor confidence and sustain long-term growth. Technical Outlook Despite the miss in profit estimates, McDonald's stock ( NYSE:MCD ) is up 1.02% trading with a moderate Relative Strength Index (RSI) of 53.12. Longby DEXWireNews3
Down with the clownMy plan is to buy NYSE:MCD puts on Monday before earnings. This idea is based purely on technical analysis, which I think sufficiently supports the theory that the price will go lower in the short term. However, in the broader scope, this drop could produce a great buying opportunity for those looking to go long. The weekly chart shows last week’s solid green candle closed right below the 100 period SMA. NYSE:MCD has not dropped below the 200 period SMA since March 2020, so I think the overall trend will stay intact once this downtrend has concluded. I will support my thesis by analyzing price levels, trend patterns, moving averages, volume analysis, and RMI. On the daily chart, we can see NYSE:MCD has been in a downtrend since late January. A lower high of $279.82 was made last week and unless a higher high is made, we will be trying to find a lower low. This is also clear on the Awesome Oscillator (AO) & MACD indicator. AO confirms the price is in a strong downtrend while MACD is positive and descending back towards the zero line. The Volume profile shows the price is currently in an accumulation zone, however the RMI Trend Sniper just gave a bearish signal. I would expect the price action from here to play out like the previous cycle, which saw a 14% drop after the signal was given. I doubt the price will go down by that much since there is significant historical support at the 0.75 level. Due to the timing of this earnings release and other factors that could influence the market this week, I could see the price going as low as $253 in the near term, before finding support around $258 and reversing back into an uptrend after May. NYSE:MCD is currently in a strong downtrend on the 4hr chart since the end of February. AO and MACD are close to crossing to the negative side, so it appears we will be heading lower soon. I’m looking for an opportunity to buy puts at $277 on Monday at some point. MCD is currently below the 50, 100, & 200 SMAs. The 200 SMA was rejected upon retest which supports the idea that we’re moving to lower lows. It’s also noteworthy that this pattern looks like an inverse cup & handle. The technicals are pointing to further downside for this stock while keeping with the longer trend. This makes for a great swing trading opportunity or a good indicator for buyers that lower prices are yet to come. Let me know what you think of my assessment of NYSE:MCD or if your charts are making you draw a different conclusion. Thanks for reading!Shortby ap769552
MCDONALDS $MCD | MCDONALDS RANGE BEFORE EARNINGS - Apr. 15, 2024MCDONALDS NYSE:MCD | MCDONALDS RANGE BEFORE EARNINGS - Apr. 15, 2024 BUY/LONG ZONE (GREEN): $270.00 - $276.50 DO NOT TRADE/DNT ZONE (WHITE): $266.00 - $270.00 SELL/SHORT ZONE (RED): $259.00 - $266.00 Weekly: Bearish Daily: Bearish 4H: Bearish I wanted to create a post for the initial bullish trend breakdown and the first range, but decided to wait until we got closer to the earnings release. The earnings report for NYSE:MCD is on Apr 30th and I am looking to take advantage of volatile price movement, either up or down. Bulls should seek a breakout above level 270.00 and bears should seek a breakdown below level 266.00. Previous trends, structure, momentum, and ranges are all labeled. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, mcdonalds, mcd, mcdonaldsstock mcdstock, mcdonaldslong, mcdlong, mcdonaldsshort, mcdshort, mcdcall, mcdput, mcdonaldstrend, mcdonaldstrade, mcdonaldsidea, mcdonaldsearnings, earningsreport, earningsrelease, mcdonaldsprice, mcdonaldsrange, mcdonaldschart, mcdonaldspatterns, by TonyAielloUpdated 5
McDonalds looking like it will continue to fallBearish divergence and about to test the channel it broke down from shown by the red resistance. Likely will get rejected and will revisit $265 to support. Breakdown likely to results in mid $250s around the 1.618. This is not financial advise. Trade at your own risk.Shortby CrypticTrading1
MCD I am GIVING A BUY AT 90 % to be buying CALLS NOW.618 The chart posted is MCD I now see a nice ABC decline into .618 And wave A down x 1.618 to equal wave C is within 1 I would be Only buying Calls for JAN 2025 and I would look at at or just in the Money to trade this Time is your friend if you buy at or in the money . Best of trades WAVETIMER by wavetimer113
McDonalds ready for reversalMcDonalds is showing us a very healthy bullrun. The corporation is bullish since 2003 and increased the value by more than 2000% since 2000. The Israel/Pakistan conflict is bringing the retail sales near middle-east near bankruptcy. After Israeli owner of all 200 restaurants started supporting Israeli army, muslim religions started an offensive campaing against the comapny. This should be a temporary retrace for the stock price, however it still may impact the stock price in a following bear run. Price also got rejected twice at ath level. This could be also a bearish sign and influence following trend.Shortby adam_fx_3
MCD LongPotential long entry for NYSE:MCD , which currently trades close to an important support level. In general, the $260 - $270 area looks interesting. The idea is backed by a positive seasonality for the month of April. charts.equityclock.comLongby marmap991