MACD Warns of MCD Weakness at $310.68
BearishMcDonald's Corp (MCD) closed down 0.85% at $310.68 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($313.55). The 21-day EMA sits at $311.80.
Momentum
RSI at 51.3 is in neutral territory but trending lower. MACD is bearish (2.05 vs signal 2.58).