McDonald's may rise to 270.20 - 274.80

Our pivot point stands at 245.1.

Our preference

Short term rebound towards 270.2.

Alternative scenario

Below 245.1, expect 237.3 and 232.8.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 253.488 and 257.0384).

Supports and resistances

279.7 **

274.8 *

270.2 **

265.6

251.46 (USD-last)

248.1

245.1 **

237.3 *

232.8 **

Number of asterisks represents the strength of support and resistance levels.