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Mcdonalds Corp Down 8.0% Since SmarTrend Downtrend Call (MCD)

By David Diaz

SmarTrend identified a Downtrend for Mcdonalds Corp (:MCD) on September 11th, 2019 at $210.05. In approximately 3 months, Mcdonalds Corp has returned 7.96% as of today's recent price of $193.33.

In the past 52 weeks, Mcdonalds Corp share prices have been bracketed by a low of $169.04 and a high of $221.93 and are now at $193.33, 14% above that low price. The 200-day and 50-day moving averages have moved 0.15% higher and 0.45% lower over the past week, respectively.

McDonald's Corporation franchises and operates fast-food restaurants in the global restaurant industry. The Company's restaurants serves a variety of value-priced menu products in countries around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Mcdonalds Corp.

Log in and add Mcdonalds Corp (MCD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights :mcd mcdonalds corp

Ticker(s): MCD