McDonald's gathers positive momentum - Analysis - 15-05-2019
2019-05-15 13:24:08 GMT
(Economies.com)
McDonald's stock lost ground while trying to gather momentum to help it rise anew, as it vented off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.
Therefore we expect the stock to rise and target the resistance of 204.18, as long as the support of 193.30 holds on.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1075
|
0.0176
|
1.6196%
|
|
|
|
|
1.2320
|
0.0134
|
1.0972%
|
|
|
|
Tadawul
|
7050.66
|
0.49
|
0.01%
|
|
|
|
|
17.398
|
0.286
|
1.671%
|
|
|
|
|
33.694
|
0.264
|
0.790%
|
|
|
|
|
35.29
|
0.55
|
1.58%
|
|
|
|
|
1719.870
|
-7.990
|
0.462%
|
|
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