RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MCD
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McDonalds stock upgraded from Sell Candidate to Hold/Accumulate after Wednesday trading session.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The McDonalds stock price gained 1.22% on the last trading day (Wednesday, 27th Mar 2024), rising from $278.62 to $282.02. During the last trading day the stock fluctuated 1.51% from a day low at $278.10 to a day high of $282.30. The price has fallen in 6 of the last 10 days and is down by -0.3% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 735 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $723.34 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.81% during the next 3 months and, with a 90% probability hold a price between $266.69 and $282.20 at the end of this 3-month period.

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MCD Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 1.23%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The McDonalds stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $288.88. On a fall, the stock will find some support from the short-term average at $281.82. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for McDonalds stock

McDonalds finds support from accumulated volume at $281.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.20 (1.51%) between high and low. For the last week, the stock has had daily average volatility of 1.05%.

Our recommended stop-loss: $265.27 (-5.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (MCD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect McDonald's Corporation to open at $280.81, and during the day (based on 14 day Average True Range), to move between $277.93 and $286.11, which gives a possible trading interval of +/-$4.09 (+/-1.45%) up or down from last closing price. If McDonald's Corporation takes out the full calculated possible swing range there will be an estimated 2.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $281.73 (0.10%) than the resistance at $285.97 (1.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is McDonald's Corporation stock A Buy?

McDonalds holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.152 Hold/Accumulate Upgraded

Predicted Opening Price for McDonald's Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$280.81 ( 0.430%) $282.02

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MCD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 285.01 1.06 %
R2 283.40 0.490 %
R1 282.41 0.139 %
Current price: 282.02
Support S1 279.20 -1.00 %
S2 278.21 -1.35 %
S3 276.61 -1.92 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 291.93 3.51 %
R2 291.74 3.45 %
R1 285.97 1.40 %
Current price 282.02
Support S1 281.73 -0.103%
S2 279.14 -1.02%
S3 278.62 -1.21%

MCD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 29, 2024 Mar 15, 2024 $1.67 0.598%
2 Oct 04, 2023 Nov 30, 2023 Dec 15, 2023 $1.67 0.581%
3 Jul 25, 2023 Aug 31, 2023 Sep 18, 2023 $1.52 0.547%
4 May 25, 2023 Jun 02, 2023 Jun 20, 2023 $1.52 0.519%
5 Feb 02, 2023 Feb 28, 2023 Mar 15, 2023 $1.52 0.571%

FAQ

What is the symbol for McDonalds Stock and on which exchange is it traded?
The symbol for McDonalds is MCD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell McDonalds Stock?
McDonalds holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy McDonalds Stock?
McDonalds Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy McDonalds Stock.

What's the current price of McDonalds Stock?
As of the end of day on the 2024-03-27, the price of an McDonalds (MCD) share was $282.02.

What is the 52-week high and low for McDonalds Stock?
The 52-week high for McDonalds Stock is $302.39 and the 52-week low is $245.73.

What is the market capitalization of McDonalds Stock?
As of the 2024-03-27, the market capitalization of McDonalds is 203.633B.

When is the next earnings date for McDonalds?
The upcoming earnings date for McDonalds is Apr 23, 2024.
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About McDonald's Corporation

McDonalds McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other s... MCD Profile

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