Killy_Mel

DOW JONES OVERVIEW: MCDONALDS IS FLAT LIKE ITS HAMBURGERS...

NYSE:MCD   MCDONALDS CORP
McDonalds             trades flat both on long term and short term basis.

On long term perspective price is now in lateral range after it failed 10-year uptrend, by falling below 1st standard deviation from 10-year mean @ 100 (now the range upper border). The lower border of the macro lateral range is marked by 5-year mean, standing now at 92.5 - MCD             has tested and held this level during the august selloff.

On short term basis price is now trading within 1st standard deviations from 1-year and quarterly means. As it can be seen on the chart - both channels are themselves lateral at the moment.
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