Mcdonalds stock below $290 by EOD April?
1
100Ṁ20
Apr 30
41%
chance

Resolution criteria

This market resolves to YES if McDonald's Corporation (NYSE: MCD) stock closes below $290.00 per share at the end of regular trading hours (4:00 PM ET) on the last trading day of April 2024. Otherwise, it resolves to NO.

Background

McDonald's stock (MCD) is currently trading around $311.82 per share (as of recent data). The stock has shown moderate volatility with a 1.39% volatility rate over the last 30 days and approximately 50% green days during that period.

Considerations

  • Market sentiment indicators show a mix of bullish outlook alongside a Fear & Greed Index indicating fear

  • Various forecasts for McDonald's stock in April show significant disagreement, with some predicting prices well below $290 and others suggesting the stock will remain above this threshold

  • The stock would need to decline approximately 7% from current levels to fall below $290

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