McDonald's may rise to 275.20 - 280.20

Our pivot point stands at 249.2.

Our preference

Short term rebound towards 275.2.

Alternative scenario

Below 249.2, expect 240.8 and 235.9.

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 share stands above its 20 day moving average (255.918) but below its 50 day moving average (264.6198).

Supports and resistances

285.1 **

280.2 *

275.2 **

270

257.38 (USD-last)

252.3

249.2 **

240.8 *

235.9 **

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