McDonald's (MCD) Traders See Challenge in Getting Over Key Level
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Price: $100.29 -0.73%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +11.2%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 3.1%
EPS Growth %: +11.2%
Trade MCD Now!
McDonald's Corp. (NYSE: MCD) shares are higher on the session though shares have hit a ceiling once again Monday afternoon.
Market data has about $18.2 million of money flow with a downtick in shares, suggesting that upside might be at its peak for now. The uptick-to-downtick ratio is at about 0.7 times.
Shares popped higher following passage of fiscal cliff reform last Tuesday. However, McDonald's stock has hit the $90.75 level a few times over the last month, unable to get above even with volume.
The 14-day Money Flow Index showed McDonald's being slightly oversold in late October/early November. Since then, shares have moved about $5 higher to the current levels. The MFI is at 38, neither overbought nor oversold.
McDonald's is up 0.9 percent Monday.
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Market data has about $18.2 million of money flow with a downtick in shares, suggesting that upside might be at its peak for now. The uptick-to-downtick ratio is at about 0.7 times.
Shares popped higher following passage of fiscal cliff reform last Tuesday. However, McDonald's stock has hit the $90.75 level a few times over the last month, unable to get above even with volume.
The 14-day Money Flow Index showed McDonald's being slightly oversold in late October/early November. Since then, shares have moved about $5 higher to the current levels. The MFI is at 38, neither overbought nor oversold.
McDonald's is up 0.9 percent Monday.
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