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MCD forms MACD Bearish Signal Line Cross on June 23
MCD finished higher by 0.58% on Tuesday, June 23rd, trading 1.1 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 270.08, 268.5 & 266.49, with resistance at 273.67, 275.68 & 277.26. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of MCD: F
There’s more where that came from. See all of today’s signals for MCD here.
Read full article here »