In trading on Monday, shares of McDonald’s crossed below their 200 day moving average of $305.87, changing hands as low as $305.40 per share. McDonald’s shares are currently trading down about 1.1% on the day.
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The chart below shows the one year performance of MCD shares, versus its 200 day moving average:
Looking at the chart above, MCD’s low point in its 52 week range is $276.53 per share, with $326.32 as the 52 week high point — that compares with a last trade of $306.94. The MCD DMA information above was sourced from TechnicalAnalysisChannel.com
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