McDonald's shakes off negative pressure - Analysis - 28-10-2021

2021-10-28 10:58:50 GMT (Economies.com)
 

McDonald's stock (MCD) surged 2.67% in the last session, settling at 242.73, and shaking off negative pressure from the 50-day SMA, with positive signals from the RSI after reaching oversold levels.

 

Therefore we expect more gains for the stock, targeting the support of 237.79, targeting the pivotal resistance of 249.80.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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