McDonald's keeps rising - Analysis - 30-12-2021

Economies.com
2021-12-30 11:09AM UTC

McDonald's stock (MCD) rose 0.23% in the last session, settling at 268.49, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium term, countered with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 271.35.

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

Blackrock price tries to recoup some losses - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Blackrock’s stock price (BLK) rose in the intraday levels, with positive signals from the RSI ...
United States Analysis

Stocks

Visa price ends cautiously higher - Forecast today - 24-04-2024
2024-04-24 12:02PM UTC
Visa’s stock price (V) rose in the intraday levels, amid the dominance of the downward ...
United States Analysis

Stocks

Oracle price breaches upward trend line - Forecast today - 24-04-2024
2024-04-24 12:01PM UTC
Oracle Corporation’s stock (ORCL) rose mildly in the intraday levels, while recouping some ...