McDonald's Corp

MCD remains entrenched in a Stage 4 decline with successive lower highs and lower lows under declining EMAs. A recent extreme-oversold rebound into the 9/20/50 EMA zone was rejected on heavier volume, reaffirming supply dominance. The active support-failure pattern signals continuation risk, and short-term conditions remain unfavorable for bullish entries. Immediate selling into rallies near the declining EMA zone offers the best execution opportunity.

• ↑Global system-wide sales rose 6% YoY; U.S. comps +3.9% in Q1 2026
• ↑Dividend Aristocrat with 49 consecutive years of hikes; 0.95% current yield
• ↓U.S. company-operated margins under pressure from rising wages and food costs