McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $222.50 short put and a strike $217.50 long put offers a potential 28.87% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $222.50 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $217.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McDonald's is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for McDonald's is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for McDonald's
McDonald's Names Desiree Ralls-Morrison as General Counsel and Corporate Secretary
Mon, 29 Mar 2021 21:35:00 +0000
McDonald's Corporation (NYSE: MCD) announced today that Desiree Ralls-Morrison has been named the company's General Counsel and Corporate Secretary, overseeing global legal operations and corporate governance. Ralls-Morrison will start on April 26, 2021 and will be based at the company's Chicago headquarters in the West Loop.
Exclusive: McDonald’s hires new general counsel
Mon, 29 Mar 2021 21:30:00 +0000
Desiree Ralls-Morrison joins the burger giant from Boston Scientific.
2 Overvalued Dividend Aristocrats to Buy on a Pullback
Mon, 29 Mar 2021 17:07:24 +0000
A look at 2 dividend growth stocks I would like to own more of – at lower prices
McDonald's (MCD) Gains But Lags Market: What You Should Know
Fri, 26 Mar 2021 21:50:09 +0000
McDonald's (MCD) closed at $225.21 in the latest trading session, marking a +0.45% move from the prior day.
The top menu items that Burger King, McDonald's, Taco Bell have brought back from the dead
Fri, 26 Mar 2021 21:13:00 +0000
What's old is new again — at least for fast food giants fighting for customer loyalty. Yahoo Finance's Alexandra Canal has the details.
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