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

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