McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 8.7% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $160.00 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 68.04 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 is making the McVegan a permanent menu item in Sweden and Finland
Mon, 18 Dec 2017 19:03:43 +0000
The world’s largest burger chain is officially adding a vegan soybean steak burger to its menus in Finland and Sweden. The burger—appropriately dubbed the “McVegan”—will become a permanent menu item in the two countries starting Dec. 28, following a successful seven-week trial run in Tampere, the second-largest city in Finland. Not only is the soy…
The 3 Best Fast Food Stocks of 2017
Mon, 18 Dec 2017 15:16:00 +0000
KFC helped Yum Brands earn a spot on this list to join two well-known burger chains.
The Rally in J C Penney Company Inc Is Another False Move
Mon, 18 Dec 2017 15:00:25 +0000
J C Penney Company Inc (NYSE:JCP) is rallying. The JCP stock price has bounced some 31% after hitting an all-time low last month.
The 3 Top Performing Restaurant Stocks of 2017
Sun, 17 Dec 2017 19:44:00 +0000
It has been a tough year for many chains, but not all stocks are created equal.
Hamburger chain Wendy's to reduce antibiotic use in beef supply
Fri, 15 Dec 2017 23:34:36 +0000
Hamburger chain Wendy's Co (WEN.O) laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people. Starting in 2018, the company will buy about 15 percent of its beef from producers that have each pledged to reduce by 20 percent their use of Tylosin, the one medically important antibiotic they routinely feed to cattle, according to Wendy's. Wendy's, which says it is the world's third-largest quick-service hamburger chain, plans to increase the amount of beef it purchases from these producers and others that raise cattle in similar ways.
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