McDonald’s Corporation (MCD): Break Support!

  • Post author:

McDonald’s Corporation (MCD) broke support recently and hit the breakout target of the Double Tops chart pattern. If MCD is not able to rebound from this support from the next few days, MCD will continue to slide in the down trend. Currently MCD’s chart is technically bearish whereby the stock is trading below 20D, 50D and 200D SMA. 200D SMA is starting to slope down.

Key Statistics for MCD

Current P/E Ratio (ttm) 15.9586
Estimated P/E(12/2012) 15.9526
Relative P/E vs.SPX 1.1465
Earnings Per Share (USD) (ttm) 5.3100
Est. EPS (USD) (12/2012) 5.3120
Est. PEG Ratio 1.6574
Market Cap (M USD) 85,076.98
Shares Outstanding (M) 1,003.98
30 Day Average Volume 6,771,255
Price/Book (mrq) 6.1278
Price/Sale (ttm) 3.1343
Dividend Indicated Gross Yield 3.63%
Cash Dividend (USD) 0.7700
Last Dividend 11/29/2012
5 Year Dividend Growth 22.87%
Next Earnings Announcement 01/24/2013
Continue Reading McDonald’s Corporation (MCD): Break Support!

Starbucks (SBUX): Wait for Breakout!

  • Post author:

SBUX is currently in consolidation phase and there is opportunity to trade for the breakout.

  • Bullish Trade: Wait for the breakout of Ascending Triangle with tough resistance at about $51.09.
  • Bearish Trade: Wait for the breakout of a Double Tops with neckline at about $49.10.
  • Earning is on Nov 11, 2012.

Previous analysis on Starbucks (SBUX)

Continue Reading Starbucks (SBUX): Wait for Breakout!

City Development: Time to Short?

  • Post author:

Base on current daily & weekly chart, City Development is showing bearish signal on 2/5 EMA. A Double Tops pattern is formed on Daily chart and currently CityDev is just sitting on the neckline of about $11.45 (currently forming a Bear Flag). Breaking down from this neckline will send CityDev to the target price of about $11.00 which is also the 61.8% Fibonacci Retracement Level & 50D SMA. On Weekly chart, a Evening Doji Star candlestick pattern was formed which is also the trend reversal pattern. Current chart pattern presents a good opportunity to short CityDev.

 

 

 

 

 

 

 

Key Statistics for CIT

Current P/E Ratio (ttm) 18.1201
Estimated P/E (12/2012 ) 17.3788
Earnings Per Share (SGD) (ttm) 0.6330
Est. EPS (SGD) (12/2012) 0.6600
Est. PEG Ratio
Market Cap (M SGD) 10,429.69
Shares Outstanding (M) 909.30
Enterprise Value (M SGD) (ttm) 14,145.29
Enterprise Value/EBITDA (ttm) 15.12
Price/Book (mrq) 1.4968
Price/Sale (ttm) 3.2986
Dividend Indicated Gross Yield 0.6975
Next Earnings Announcement 11/09/2012
Continue Reading City Development: Time to Short?