McDonald's's most recent trend suggests a bearish bias. One trading opportunity on McDonald's is a Bear Call Spread using a strike $260.00 short call and a strike $280.00 long call offers a potential 7.01% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $260.00 by expiration. The full premium credit of $1.31 would be kept by the premium seller. The risk of $18.69 would be incurred if the stock rose above the $280.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for McDonald's is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for McDonald's is bearish.
The RSI indicator is at 23.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
UPDATE 2-Icahn nominates two members to McDonald's board to challenge pig policy
Sun, 20 Feb 2022 21:50:10 +0000
McDonald's Corp on Sunday said Carl Icahn has nominated two members to its board of directors in an escalating fight over the treatment of pigs by the burger chain's suppliers. Icahn has previously said that it is “obscene” how the animals used for McDonald's products are treated.
McDonald's Board of Directors Issues Statement in Response to Carl Icahn
Sun, 20 Feb 2022 21:00:00 +0000
McDonald's Corporation (NYSE: MCD) Board of Directors today issued the following statement in response to a director notification nomination from Carl Icahn:
4 Reasons to Buy This Dividend Aristocrat Now
Sat, 19 Feb 2022 16:15:00 +0000
The fast-food Dividend Aristocrat McDonald's (NYSE: MCD) has held up better than the S&P 500 year to date. McDonald's stock has been down 6.5% while the S&P 500 has dropped 8.4% during that time. McDonald's posted robust revenue and earnings growth in 2021.
Carl Icahn is outraged at how McDonald’s treats pregnant pigs
Fri, 18 Feb 2022 18:49:25 +0000
Billionaire activist Carl Icahn wants to do away with gestation crates for pigs and hold McDonalds to their promise of discontinuing the practice of caging pregnant swine by 2022.
Even Fun-Loving Dogecoin Can’t Avoid the Russian Headwind
Fri, 18 Feb 2022 11:00:17 +0000
Just a few days ago, Dogecoin (DOGE-USD) investors had much more mundane things to worry about than they do today. Back then, all eyes were focused on a tweet that fast-food giant McDonald’s (NYSE:MCD) issued, which suggested that “something is common.” Source: Orpheus FX / Shutterstock.com The social media post featured a picture of a blurry all-terrain vehicle and an even obscurer image of what appeared to be the Dogecoin logo. Of course, with the cryptocurrency community eager for any opportu
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