McDonald's's most recent trend suggests a bearish bias. One trading opportunity on McDonald's is a Bear Call Spread using a strike $217.50 short call and a strike $222.50 long call offers a potential 58.73% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $217.50 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock rose above the $222.50 long call 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 down which suggests that the medium-term momentum for McDonald's is bearish.
The RSI indicator is at 25.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
McDonald's Earnings: What to Watch
Wed, 04 Nov 2020 17:30:00 +0000
Investors are heading into McDonald's (NYSE: MCD) third-quarter report with more information than usual thanks to the fast-food giant's recent sales update. In early October, McDonald's said investors could expect a few big-picture updates from the management team as part of its Q3 results.
3 Things You'll Want to Know When McDonald's Announces Earnings
Wed, 04 Nov 2020 15:15:00 +0000
Sales are continuing to rebound for McDonald's (NYSE: MCD) as COVID-19 related restrictions are easing worldwide. Investors looking into the company's release should do so with an eye on the long run.
McDonald's (MCD) to Report Q3 Earnings: What's in Store?
Wed, 04 Nov 2020 14:10:02 +0000
McDonald's (MCD) third-quarter results likely to reflect dismal store traffic and franchise revenues.
Where to Invest $10,000 Right Now
Wed, 04 Nov 2020 14:04:56 +0000
Many consumers prefer avoiding crowds these days as the coronavirus crisis continues. During the height of the crisis, the company had to hire 175,000 workers just to keep up with orders. Most recently, Amazon reported a 37% year-over-year increase in third-quarter net sales to $96 billion.
2 Top Stocks Under $5
Wed, 04 Nov 2020 13:37:00 +0000
The COVID-19 crisis hamstrung Wall Street as a whole in 2020, and there are lots of inexpensive stocks on the market even after the dramatic recovery we saw over the summer. On that note, here are three great companies trading at minuscule share prices. You can't buy McDonald's (NYSE: MCD) stock for a fistful of dollars since it's priced above $200 per share today.
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