MCDONALD S CORP. - Daily - Technical analysis published on 09/22/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
28%
44%
28%
My opinion
Bearish under 210.45 USD
My targets
199.99 USD (-4.49%)
189.26 USD (-9.61%)
My analysis
The strong short-term decrease of MCDONALD S CORP. should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 210.45 USD, a sale could be considered. The first bearish objective is located at 199.99 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 189.26 USD. If there is any crossing, the next objective would be support 178.36 USD. Caution, if there is a return to above 210.45 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
2
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MCDONALD S CORP. rating 209.39 USD. The price registered a decrease of -0.54% on the session with the lowest point at 209.37 USD and the highest point at 211.78 USD. The deviation from the price is +0.01% for the low point and -1.13% for the high point.209.37
211.78
209.39
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 Daily of this MCDONALD S CORP. chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 178.36 | 189.26 | 199.99 | 209.39 | 210.45 | 214.66 | 221.15 |
| Change (%) | -14.82% | -9.61% | -4.49% | - | +0.51% | +2.52% | +5.62% |
| Change | -31.03 | -20.13 | -9.40 | - | +1.06 | +5.27 | +11.76 |
| Level | Major | Major | Intermediate | - | Intermediate | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 207.69 | 208.78 | 209.65 | 210.74 | 211.61 | 212.70 | 213.57 |
| Camarilla | 209.98 | 210.16 | 210.34 | 210.52 | 210.70 | 210.88 | 211.06 |
| Woodie | 207.58 | 208.73 | 209.54 | 210.69 | 211.50 | 212.65 | 213.46 |
| Fibonacci | 208.78 | 209.53 | 209.99 | 210.74 | 211.49 | 211.95 | 212.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 193.01 | 200.64 | 205.23 | 212.86 | 217.45 | 225.08 | 229.67 |
| Camarilla | 206.45 | 207.57 | 208.69 | 209.81 | 210.93 | 212.05 | 213.17 |
| Woodie | 191.48 | 199.88 | 203.70 | 212.10 | 215.92 | 224.32 | 228.14 |
| Fibonacci | 200.64 | 205.31 | 208.20 | 212.86 | 217.53 | 220.42 | 225.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 198.17 | 203.25 | 210.61 | 215.69 | 223.05 | 228.13 | 235.49 |
| Camarilla | 214.55 | 215.69 | 216.83 | 217.97 | 219.11 | 220.25 | 221.39 |
| Woodie | 199.31 | 203.82 | 211.75 | 216.26 | 224.19 | 228.70 | 236.63 |
| Fibonacci | 203.25 | 208.00 | 210.93 | 215.69 | 220.44 | 223.37 | 228.13 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.86 | |
| MACD (12,26,9): | -1.5400 | |
| Directional Movement: | -11.11 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 211.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 217.98 | |
| Elder Ray (13): | -1.28 | |
| Super Trend (3,10): | 218.73 | |
| Zig ZAG (10): | 209.39 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 20.60 | |
| TEMA (21): | 209.04 | |
| Williams %R (14): | -84.75 | |
| Chande Momentum Oscillator (20): | -9.11 | |
| Repulse (5,40,3): | -1.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 6.82 |
| MA7: | 209.94 | |
| MA20: | 214.02 | |
| MA50: | 214.29 | |
| MA100: | 207.64 | |
| MAexp7: | 210.48 | |
| MAexp20: | 212.82 | |
| MAexp50: | 212.32 | |
| MAexp100: | 207.06 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -2.16% | |
| Price / MA50: | -2.29% | |
| Price / MA100: | +0.84% | |
| Price / MAexp7: | -0.52% | |
| Price / MAexp20: | -1.61% | |
| Price / MAexp50: | -1.38% | |
| Price / MAexp100: | +1.13% |
News
The last news published on MCDONALD S CORP. at the time of the generation of this analysis was as follows:
- McDonald's Raises Quarterly Cash Dividend By 8%
- LOCAL MCDONALD'S REACHES $350,000 IN K-12 STUDENT GRANT CONTRIBUTIONS FOR OREGON AND SW WASHINGTON
- As McDonald's Delivery Business Builds Global Momentum, The Company Hosts Third Annual McDelivery Event Across 50 Countries and Six Continents
-
McDonald’s Plans To Utilize AI Voice Technology In Drive Thru
- McDonald's to Acquire Apprente, An Early Stage Leader in Voice Technology
This member declared not having a position on this financial instrument or a related financial instrument.
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