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MCD: Riding the Market Waves of Growth and Decline in 2023

PNC Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -3.71%.However, over the last six months, we can see a weaker performance of 1.71%. Over the last 30 days, the price of MCD has leaped by -1.36%. And in the last five days, it has fallen by -2.53%.

McDonald’s Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $302.39 on 01/22/24 and the lowest value was $245.73 on 10/06/23.

52-week price history of MCD Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. McDonald’s Corp’s current trading price is -5.58% away from its 52-week high, while its distance from the 52-week low is 16.19%. The stock’s price range during this period has varied between$245.73 and $302.39. The McDonald’s Corp’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.73 million for the day, a figure considerably lower than their average daily volume of 3.02 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

McDonald’s Corp (MCD) has experienced a quarterly decline of -1.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 206.15B and boasts a workforce of 150000 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 285.24, with a change in price of +30.03. Similarly, McDonald’s Corp recorded 3,073,420 in trading volume during the last 100 days, posting a change of +11.73%.

MCD Stock Stochastic Average

McDonald’s Corp’s raw stochastic average for the past 50 days is presently 21.68%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 8.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.16% and 55.94%, respectively.