McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 37.74% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.37 would be kept by the premium seller. The risk of $3.63 would be incurred if the stock dropped below the $205.00 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
PRESS DIGEST – Wall Street Journal – Aug. 26
Wed, 26 Aug 2020 07:58:49 +0000
PRESS DIGEST- New York Times business news – Aug 26
Wed, 26 Aug 2020 04:47:11 +0000
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of McDonald's Corporation – MCD
Wed, 26 Aug 2020 03:15:00 +0000
Pomerantz LLP is investigating claims on behalf of investors of McDonald's Corporation ("McDonald's" or the "Company") (NYSE: MCD). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
MEDIA-McDonald's looking into allegation ex-CEO covered up for others – Bloomberg News
Tue, 25 Aug 2020 21:26:01 +0000
McDonald's Unveils First Variation of McNuggets – Spicy Ones
Tue, 25 Aug 2020 18:56:00 +0000
McDonald's introduced spicy chicken McNuggets, the first variation of the stalwart product since it hit the chain's menus in 1983.
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