McDonald's, sell signal under management, week 20
McDonald's stock rebounds 2.2%: the sell signal loses steam ahead of earnings
McDonald's, sell signal under management, week 20
Our view last week
McDonald's slips another 1.1%, though the pace is easing from last week's drop. Price is still anchored to the double bottom in the 263 area, which has already delivered a 6% rebound, while sellers stay only slightly ahead on the last bar. Money flow remains mildly positive after turning two weeks ago. Quarterly earnings land this week, and volatility could pick up.
This week's summary
McDonald's closes the week with a 2.2% rebound and the weekly RSI climbs back above 38, edging away from oversold. The picture still shows distribution underway, but seller pressure is fading: the daily chart even produced a strong bullish engulfing candle. Money flow, though, turns negative again after two weeks above zero. Earnings land Thursday, August 4: volatility in McDonald's stock could pick up fast.
IQS Phase
77
in tension
Signal Strength
5
decline losing steam
Sizing
MINIMUM
Ranking
#90 / 138
US stocks
Trade P&L %
+12.37%
from signal to date, no stop loss
Rank position
ranks 90th among the 138 sell signals for US stocks in our ranking, with a signal strength of 5 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
MCD belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
restricted Platinum content