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Mcdonalds Corp Shares Up 9.4% Since SmarTrend's Buy Recommendation (MCD)

By Shiri Gupta

SmarTrend identified an Uptrend for Mcdonalds Corp (:MCD) on March 25th, 2020 at $165.29. In approximately 2 months, Mcdonalds Corp has returned 9.43% as of today's recent price of $180.88.

In the past 52 weeks, shares of Mcdonalds Corp have traded between a low of $124.23 and a high of $221.93 and are now at $180.91, which is 46% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.7%.

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 shifts in the trajectory of Mcdonalds Corp shares.

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