The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 10/30/2026 -
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McDonald's Corp. (MCD) Technical Analysis

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Summary:
Weekly :Stochastic signal line moved above oversold areaBroken trend resistance line
Daily :Relative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtLane's Stochastic and MACD bearish divergencePrice has crossed above the 50 Day Moving Average
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It was a fourth positive week after 8 consecutive negative weeks for the McDonald's Corp. (MCD). During the week, the MCD gained 9.66 points, or 3.89%, and closed at 258.12 on Friday, October 30, 2026. It was the best weekly gain since July 2, 2026. Weekly volume was 13% above average.

Long-term trend: [See MCD long-term trend chart]
A long-term uptrend had started on March 12, 2003 at 12.12 and reached 341.75 on March 2, 2026. MCD gained -329.63 points, or -2719.72%, in 1198 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 166.65 and resistance is at 345.59. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See MCD medium-term trend chart]
A medium-term downtrend had started on March 2, 2026 at 341.75 and reached 229.20 on October 5, 2026. MCD lost 112.55 points, or 32.93%, in 31 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (217.28) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. MCD may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See MCD weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since March 20, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See MCD short-term trend chart]
A short-term uptrend had started on October 28, 2026 at 248.00 and reached 262.88 on October 30, 2026. MCD gained -14.88 points, or -6%, in 2 days. The price is now at the 31.99% retracement level.

Daily Technical Indicators: [See MCD daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Relative Strength Index and Williams' Percentage Range help.

The daily MACD line is above its signal line since October 7, 2026. This is an indication that the short-term trend is up.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.41
Overbought
Williams' Percentage Range (W%R) 7.40
Strong Overbought
Lane's Stochastic (%D-Slow) 83.63
Overbought Bearish
Greed/Fear Indicator (GFI) 86.21
Overbought
Moving Average Converg./Diverg. (MACD) 0.43 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.77
Williams' Percentage Range (W%R) 48.10
Lane's Stochastic (%D-Slow) 26.83
Greed/Fear Indicator (GFI) 40.70
Moving Average Converg./Diverg. (MACD) -12.96
Trading Signals
Description Value Chart
Upper Bollinger Band 263.23
Daily Stochastic Crossing 259.41
Price 258.12
Monthly Trendline Resistance 258.01
Monthly Trendline Support 251.95
Parabolic System 250.77
50 Day Moving Average 248.28
20 Day Moving Average 243.33
Weekly Stochastic Crossing 240.25
Quarterly Trendline Resistance 239.55
Lower Bollinger Band 230.72
Quarterly Trendline Support 217.28
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Restaurants 67
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 248.00
Low Date 10/28/2026
High 262.88
High Date 10/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 248.00
Low Date 10/28/2026
High 262.88
High Date 10/30/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 258.01
Support 251.95
Low 229.20
Low Date 10/05/2026
High 262.88
High Date 10/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Resistance
Resistance 239.55
Support 217.28
High 341.75
High Date 03/02/2026
Low 229.20
Low Date 10/05/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 345.59
Support 166.65
Low 12.12
Low Date 03/12/2003
High 341.75
High Date 03/02/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.