McDonald's Stock Slips Below 200-Day Line — Can 'The Big Arch' Reverse The Slide?
1. McDonald's launched 'The Big Arch' burger in the UK. 2. MCD trades below its 200-day SMA, indicating a bearish trend. 3. Stock has declined 9% over the past month and slightly yearly. 4. RSI fell to 25.75, indicative of oversold conditions. 5. Options market shows negative sentiment despite increased call volume.