McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 16.19% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $2.09 would be kept by the premium seller. The risk of $12.91 would be incurred if the stock dropped below the $195.00 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 77.7 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 Announces Quarterly Cash Dividend
Thu, 18 Jul 2019 22:30:00 +0000
CHICAGO, July 18, 2019 /PRNewswire/ — Today, McDonald's Board of Directors declared a quarterly cash dividend of $1.16 per share of common stock payable on September 17, 2019 to shareholders of record at the close of business on September 3, 2019. For important news and information regarding McDonald's, including the timing of future investor conferences and earnings calls, visit the Investor Relations section of the Company's Internet home page at www.investor.mcdonalds.com. McDonald's uses this website as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.
Chipotle Looks to Continue Hot Streak with Earnings Report Next Week
Thu, 18 Jul 2019 20:42:08 +0000
Chipotle (CMG) hit a 52-week high on Thursday, adding to the already impressive year the company has put together.
Can Digital Sales Continue to Drive Chipotle’s Revenue in Q2?
Thu, 18 Jul 2019 19:03:55 +0000
Chipotle Mexican Grill (CMG) plans to report its second-quarter earnings after the market closes on July 23.
McDonald's (MCD) Flat As Market Sinks: What You Should Know
Wed, 17 Jul 2019 21:45:09 +0000
In the latest trading session, McDonald's (MCD) closed at $213.71, marking no change from the previous day.
This Restaurant Chain Expands Beyond Meat Offerings To Lunch And Dinner Menus
Wed, 17 Jul 2019 20:02:08 +0000
Beyond Meat (BYND) offerings have been added to the lunch and dinner menus at Canadian fast food chain Tim Hortons. The Restaurant Brands International (QSR) chain had successfully tested a fake meat breakfast sausage sandwich. Nearly 4,000 Tim Hortons restaurants throughout Canada will add two fake meat burger offerings, the Beyond Burger and BBQ Beyond Burger. "Our guests are looking…
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