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 stock traded flat with a minute 0.01% profit, as it moves alongside the upward short-term trend line, with support from the 50-day SMA, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 218.12, provided it steadies above 202.50.
Expected trend for today: Bullish