Ongoing decline · week 29 of the Sell signal
McDonald's slips 1.9% to a new 90-week low, its 8th straight weekly decline
Our view last week
McDonald's sheds 4.7% and stretches its losing streak to 7 weeks, with sellers holding 86% of the week's volume. Last week the decline held its pace; now it is speeding up: ADX has been rising for 5 weeks and the weekly RSI slips to 24.6, deep in oversold territory. The technical analysis of McDonald's stock shows price pressed against its recent lows, a case to follow for swing trading among US stocks, with the short up 23.4% since entry.
This week's summary
McDonald's sets a new 90-week low, in the 230 area, and confirms it on the weekly close: the 1.9% loss is its 8th straight weekly decline. A week ago the slide was speeding up; now the pace shortens, yet the weekly RSI keeps falling, to 23.2, and ADX has been rising for 6 weeks. The technical analysis of McDonald's stock still shows bearish price action, a swing trading case to follow among US stocks, with the short up 24.9% since entry.
IQS Phase
76
in tension
Signal Strength
49
isolated weekly drop
Sizing
REDUCED
Ranking
#40 / 175
US stocks
Trade P&L %
+24.92%
from signal to date, no stop loss
McDonald's (MCD) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 40th among the 175 sell signals for US stocks in our ranking, with a signal strength of 49 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -0.47% · monthly -4.20%
MCD belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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