McDonalds Stock Surges 042% on $867 Million Trading Volume Ranking 78th in Daily Market Activity

On May 7, 2025, McDonald's (MCD) saw a trading volume of $867 million, ranking 78th in the day's stock market activity. The stock rose by 0.42%, marking its third consecutive day of gains, with a total increase of 1.98% over the past three days.

McDonald's stock has formed a potential bullish cup and handle pattern, suggesting a breakout to the upside. This pattern, combined with the stock's recent performance, indicates a strong upward trend. The stock has been trading above all major moving averages, including the 50-day moving average, which historically has been a strong indicator of significant upward movements in the following months.

Since the beginning of 2025, McDonald's stock has risen approximately 9% after surpassing the 50-day moving average. The stock's recent strength is not new; since recovering from the COVID-19 pandemic lows in 2020, McDonald's has been operating within a consistent uptrend channel. The stock has varied between the extremes of this channel and is currently near the middle, indicating potential for further appreciation if it can approach the upper boundary again.

With McDonald's on the verge of breaking out of a bullish pattern, having recovered the 50-day moving average, and still operating within an ascending channel, the technical indicators remain favorable. The risk lies in the possibility that the breakout may not occur or that an attempt to reach new highs could be quickly reversed. However, at present, the charts indicate a positive scenario for McDonald's.