McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $117.00 short put and a strike $112.00 long put offers a potential 5.04% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $117.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $112.00 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 at 23.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
Brand Olympics: The Medal Count For Coca-Cola, Nike, McDonald's
Wed, 10 Aug 2016 22:00:57 GMT
Shake Shack Comps Lag, Blue Buffalo Tops; Silver Wheaton EPS In Line
Wed, 10 Aug 2016 21:08:52 GMT
‘Pokemon Go' On $1 Billion-Plus Annual Revenue Run Rate
Wed, 10 Aug 2016 20:19:39 GMT
Shake Shack gets smacked
Wed, 10 Aug 2016 20:07:00 GMT
WENDY'S CEO: People don't want to buy our food because of the election
Wed, 10 Aug 2016 19:11:15 GMT
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