McDonald's, +4.0% and RSI climbing back
McDonald's posts a +4.0% week and pulls away from its recent low
McDonald's, +4.0% and RSI climbing back
In Summary
McDonald's is in week 16 of a sell signal, now managed week by week. The week just closed gained 4.0%, with volume entirely on the buy side and RSI climbing back to 41 from 32 two weeks ago. The bounce started from a touch on the 20-day moving average, in the 267 area, with a 5% recovery from there — worth watching next week.
IQS Phase
54
ordinary
Signal Strength
16
decline fading out
Sizing
MINIMUM
Ranking
#110 / 137
US stocks
Trade P&L %
+9.14%
from signal to today
restricted Platinum content