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Takip Edin: @UscMarketsMCD Stock Forecast & McDonald's Corporation Chart Analysis
This article provides a detailed analysis of MCD-McDonald's Corporation stock including a forecast for MCD shares. It features McDonald's Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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MCD Historical Data Review
MCD Current Price Performance Analysis
The McDonald's Corporation - MCD stock traded on the American stock market, on 06-05-2024, closed at 259.99$ with a %-1.04 decreased compared to the previous day.
In the last month, the price of MCD changed by %-3.46 decreased in value, from 269.3 dollars on 05-06-2024 to 259.99 dollars, decreased.
Last year, the price of MCD was 284.54 dollars on 06-06-2023, and changed by %-8.63 decreased in value, to 259.99 dollars decreased within a year.
The price of McDonald's Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
MCD with AI Stock Forecast & Price Target
On the MCD chart McDonald's Corporation price was recorded as 259.99 Dollars on 06/05/2024.
The artificial intelligence's forecast on MCD stock is as follows.
The artificial intelligence's prediction error margin for MCD stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for McDonald's Corporation stock over the next 4 months is: 269.7 Dollars.
The commentary on MCD stock Target Price: Highest: 282.715 Dollars is predicted.
The commentary on MCD stock Target Price: Lowest: 252.376 Dollars is predicted.
Resistance Price where McDonald's Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 282.715 |
| 10-08-2024 | 278.635 |
| 12-12-2024 | 280.414 |
| 02-10-2025 | 267.182 |
Support Price where McDonald's Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 259.542 |
| 11-07-2024 | 275.497 |
| 02-05-2025 | 266.544 |
| 03-27-2025 | 252.376 |
The commentary on MCD stock: Fluctuations in the target price can be expected in the coming days.
The target price for McDonald's Corporation stock by the end of 2024 is predicted to be 277.953 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MCD stock, and the 2024 target price predictions for McDonald's Corporation are detailed above.
The technical analysis and charts for the commentary on MCD stock are below.
MCD Support & Resistance and Trend Analysis
MCD stock you have reviewed the technical analysis support resistance charts regarding.
MCD : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MCD review, the McDonald's Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
McDonald's Corporation Support and Resistance Prices:
| MCD Support Level Price | MCD Resistance Level Price |
|---|---|
| 249.16 | 276.74 |
| 257.60 | 276.87 |
| 262.63 | 279.82 |
| 265.11 | 285.58 |
| 266.36 | 296.36 |
| 277.83 | 296.85 |
| 281.54 | 297.99 |
| 285.72 | 298.74 |
| 287.52 | 302.39 |
MCD Technical Analysis: SMA, RSI, MACD
Upon reviewing the MCD chart, buy and sell signals have been generated in the McDonald's Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MCD stock are as follows:- MCD technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for McDonald's Corporation gave a 'Buy' signal when the RSI was at 26.1, with the current RSI value at 33.048.
- The technical analysis for MCD indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for McDonald's Corporation issued a 'Buy' signal when the MACD was at -3.869, with the current MACD value being: -3.869
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for McDonald's Corporation stock: Click here to read more predictions on Roche Holding AG stock.
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