American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

McDonald's rises alongside downward trend line - Analysis - 11-12-2019

Economies.com
2019-12-11 11:54AM UTC

McDonald's stock climbed 0.14% in the last session amid positive signals from the RSI, while trading alongside the downward trend line, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the first support of 191.55. 

 

Expected trend for today: Bearish 

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