McDonald's: weekly MACD crosses above signal
McDonald's stock slips 0.7% as the weekly MACD crosses above its signal line
Our view last week
In this week's technical analysis, McDonald's stock slips 0.6% after last week's rebound on 81% buy volume: sellers are back in charge this time, with 58% of the week's volume on the sell side. The price stays boxed between the 20-day moving average support and the daily pivot resistance, while the weekly RSI climbs back toward the 40 area, leaving oversold territory behind. The short is under management, up 11.66% since entry.
This week's summary
McDonald's stock slips another 0.7%, but this time 86% of the week's volume came from buyers — the reverse of last week, when 58% was on the sell side. A divergence worth watching, not yet a turn. On the technical side, the most notable shift is in the weekly MACD, which crosses above its own signal line this week after 21 weeks below it. The short is under management, up 12.27% since entry.
IQS Phase
59
ordinary
Signal Strength
19
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#57 / 93
US stocks
Trade P&L %
+12.27%
from signal to date, no stop loss
Rank position
ranks 57th among the 93 sell signals for US stocks in our ranking, with a signal strength of 19 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
MCD belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
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