McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $250.00 short put and a strike $230.00 long put offers a potential 7.41% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $250.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $18.62 would be incurred if the stock dropped below the $230.00 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 59.4 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 (MCD) Gains But Lags Market: What You Should Know
Wed, 15 Dec 2021 22:50:10 +0000
McDonald's (MCD) closed at $264.52 in the latest trading session, marking a +0.76% move from the prior day.
Why Beyond Meat Stock Was Slipping Today
Wed, 15 Dec 2021 21:44:05 +0000
Shares of Beyond Meat (NASDAQ: BYND) were pulling back today after the plant-based meat company reported several insider sales after hours yesterday. Among those was one by CEO Ethan Brown, who sold 608 shares, or roughly $40,000 worth of stock, which represents just a small fraction of his total holdings of roughly 1.6 million shares. Elsewhere, Chief Legal Officer Teri Witteman sold approximately 8,000 shares, or about $500,000 worth of stock.
Analysts say McDonald's, Beyond Meat plan big U.S. 2022 McPlant expansion
Tue, 14 Dec 2021 20:50:32 +0000
McDonald's Corp is planning a major expansion of its plant-based burger with Beyond Meat Inc in the United States in 2022.
Why Beyond Meat Stock Was Cookin' on Tuesday
Tue, 14 Dec 2021 19:10:54 +0000
The catalyst that sent the maker of plant-based meat substitutes higher was bullish commentary courtesy of a Wall Street analyst who believes the company has an opportunity just over the horizon. Piper Sandler analyst Michael Lavery upgraded Beyond Meat from underweight (sell) to neutral (hold), while simultaneously raising his price target to $64 from $61. It's worth noting that he's is playing catch-up, since Beyond Meat stock had a closing price of $63.42 on Monday. Lavery said he now believes the McDonald's (NYSE: MCD) McPlant burger — supplied by Beyond Meat — will debut nationwide in the first quarter of 2022, sooner than he had anticipated.
The Zacks Analyst Blog Highlights: Oracle, Coca-Cola, McDonald's, Broadcom and Zebra Technologies
Tue, 14 Dec 2021 11:24:11 +0000
The Zacks Analyst Blog Highlights: Oracle, Coca-Cola, McDonald's, Broadcom and Zebra Technologies
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