American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

McDonald's leans on upside trend line - Analysis - 18-10-2021

Economies.com
2021-10-18 12:19PM UTC

McDonald's stock (MCD) fell 0.94% in the last session after the pivotal resistance of 247.00, leaning on the main upward trend line in the medium term in an attempt to gather momentum to pierce that resistance, with positive support from the 50-day SMA, countered with negative signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the resistance of 255.50, provided the resistance of 247.00 was breached first.

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

Nucor price tries to recoup some losses - Forecast today - 08-05-2024
2024-05-08 11:05AM UTC
Nucor Corporation’s stock (NUE) rose mildly in the intraday levels, buoyed by positive ...
United States Analysis

Stocks

Clorox price buoyed by important support - Forecast today - 08-05-2024
2024-05-08 11:04AM UTC
Clorox Company’s stock price (CLX) rose in the intraday levels, after the support of $138.75 ...
United States Analysis

Stocks

Xerox price amid negative outlook - Forecast today - 08-05-2024
2024-05-08 11:04AM UTC
Xerox Holdings Corp’s stock price (XRX) fell in the intraday levels, amid the dominance of ...