MCDONALD S CORP. - 1H - Technical analysis published on 10/28/2021 (GMT)
- 204
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 242.96 USD
My targets
246.35 USD (+0.55%)
249.95 USD (+2.02%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MCDONALD S CORP. as long as the price remains well above 242.96 USD. The buyers' bullish objective is set at 246.35 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 249.95 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MCDONALD S CORP. rating 245.00 USD. On the day, this instrument gained +0.94% with the lowest point at 242.53 USD and the highest point at 245.05 USD. The deviation from the price is +1.02% for the low point and -0.02% for the high point.242.53
245.05
245.00
Here is a more detailed summary of the historical variations registered by MCDONALD S CORP.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MCDONALD S CORP. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 241.06 | 242.96 | 244.62 | 245.00 | 246.35 | 249.95 |
| Change (%) | -1.61% | -0.83% | -0.16% | - | +0.55% | +2.02% |
| Change | -3.94 | -2.04 | -0.38 | - | +1.35 | +4.95 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 233.74 | 236.30 | 239.51 | 242.07 | 245.28 | 247.84 | 251.05 |
| Camarilla | 241.14 | 241.67 | 242.20 | 242.73 | 243.26 | 243.79 | 244.32 |
| Woodie | 234.08 | 236.46 | 239.85 | 242.23 | 245.62 | 248.00 | 251.39 |
| Fibonacci | 236.30 | 238.50 | 239.86 | 242.07 | 244.27 | 245.63 | 247.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 230.39 | 234.19 | 236.32 | 240.12 | 242.25 | 246.05 | 248.18 |
| Camarilla | 236.81 | 237.35 | 237.90 | 238.44 | 238.98 | 239.53 | 240.07 |
| Woodie | 229.55 | 233.77 | 235.48 | 239.70 | 241.41 | 245.63 | 247.34 |
| Fibonacci | 234.19 | 236.46 | 237.86 | 240.12 | 242.39 | 243.79 | 246.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 222.12 | 229.04 | 235.07 | 241.99 | 248.02 | 254.94 | 260.97 |
| Camarilla | 237.55 | 238.74 | 239.92 | 241.11 | 242.30 | 243.48 | 244.67 |
| Woodie | 221.69 | 228.82 | 234.64 | 241.77 | 247.59 | 254.72 | 260.54 |
| Fibonacci | 229.04 | 233.98 | 237.04 | 241.99 | 246.93 | 249.99 | 254.94 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 68.62 | |
| MACD (12,26,9): | 1.3300 | |
| Directional Movement: | 23.10 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 242.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 237.55 | |
| Elder Ray (13): | 2.04 | |
| Super Trend (3,10): | 239.94 | |
| Zig ZAG (10): | 244.50 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 93.83 | |
| TEMA (21): | 244.49 | |
| Williams %R (14): | -0.12 | |
| Chande Momentum Oscillator (20): | 7.99 | |
| Repulse (5,40,3): | 0.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 5.43 |
| MA7: | 240.13 | |
| MA20: | 243.01 | |
| MA50: | 241.21 | |
| MA100: | 237.95 | |
| MAexp7: | 243.48 | |
| MAexp20: | 241.47 | |
| MAexp50: | 240.94 | |
| MAexp100: | 241.72 | |
| Price / MA7: | +2.03% | |
| Price / MA20: | +0.82% | |
| Price / MA50: | +1.57% | |
| Price / MA100: | +2.96% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +1.46% | |
| Price / MAexp50: | +1.69% | |
| Price / MAexp100: | +1.36% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on MCDONALD S CORP. at the time of the analysis were as follows:
- McDonald's Reports Third Quarter 2021 Results
- McDonald's Raises Quarterly Cash Dividend By 7% And Resumes Share Repurchases
-
Equity market ‘not priced’ for fiscal cliff: Larry McDonald
- McDonald's Reports Second Quarter 2021 Results
- McDonald's Announces Quarterly Cash Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis MCDONALD S CORP. - 1H