McDonald's may rise to 284.70 - 288.00

Our pivot point stands at 266.3.

Our preference

Short term rebound towards 284.7.

Alternative scenario

Below 266.3, expect 260.4 and 257.1.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 272.625 and 275.3544).

Supports and resistances

291.6 **

288 *

284.7 **

281.2

272.38 (USD-last)

268.8

266.3 **

260.4 *

257.1 **

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