MCD Trades Above 200 & 50-Day SMAs: Time to Buy or Hold the Stock

McDonald's Corporation (MCD) is trading above its 50-day and 200-day simple moving averages (SMAs), signaling a bullish trend. On Monday, the stock’s closing price of $316.07 was above its 50-day moving average of$305.19 and the 200-day moving average of $288.64.Despite the market volatility and cautious sentiment due to macroeconomic uncertainty, including tariff concerns and potential recession risks, investors have been optimistic about McDonald's. The company has been gaining from internal efforts focu ...