McDonald’s (MCD) stock is holding steady near $298, showing resilience despite mixed consumer trends and pricing pressures.

The first chart below goes back to 2009, but for half a decade prior to that, McDonald's recorded positive changes in year-over-year traffic numbers. That ended in 2013, when guest counts fell 1.9%.

However, McDonald's saw a lower drop than the overall average stock performance. Dow Jones reported an average stock movement of negative 0.80 percent on Monday.

Aggressive traders could go long with a one-day, 1% upside breakout, or if the price retests the pattern bottom. Trade Sample 1: Retesting Bottom - Aggressive Long Entry: $272 Stop-Loss: $270 Risk ...

Posted: October 23, 2024 | Last updated: October 23, 2024 McDonald's having its worst day since 2022 as an E.Coli outbreak hits the company. The Investment Committee debate how to trade the name here.

McDonald's is on a bullish run as it nears Q4 earnings, with strong technical indicators. Analysts forecast a 6.80% upside, with McDonald’s stock positioned for growth heading into Q4.

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So, the stock never technically entered a downtrend. When comparing two charts, the software shows the second asset in a line chart. For the sake of comparison, I also showed McDonald's in a line ...