McDonald’s Corp (NYSE:MCD) shares traded on -0.3% below secure line and closed at $174.75. The stock exchanged hands 4.05 Million shares versus average trading capacity of 3.87 Million shares. It has a market cap of $135.13 Billion.

Wall Street analysts are predicting that McDonald’s Corp (NYSE:MCD) will report earnings per share of $1.82 in their quarterly report. For the current quarter McDonald’s Corp (NYSE:MCD) has high EPS estimates of $1.9 in contradiction of low EPS estimates of $1.75. However a year ago for the same quarter the company has reported $1.79 EPS. Average estimation for the current quarter has been provided by 26 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously McDonald’s Corp (NYSE:MCD) reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.08 with surprise factor of 4.2%.

McDonald’s Corp (NYSE:MCD) has average revenue estimates of $4.94 Billion, compared to low analyst estimates of $4.81 Billion and high estimates of $5.15 Billion for the current quarter. A total number of 23 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $20.9 Billion compared to low analyst estimates of $20.35 Billion and high estimates of $21.46 Billion according to the prediction of 30 analysts.

Taking a broader look at the analyst consensus, according to 27 analysts McDonald’s Corp (NYSE:MCD)’s price will reach at $196.78 during 52 weeks. Its minimum price target estimates has been figured out at $174 while the maximum price target forecast is established at $210.

On the other hand McDonald’s Corp (NYSE:MCD) has Relative Strength Index (RSI 14) of 34.67 along with Average True Range (ATR 14) of 2.83. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently McDonald’s Corp (NYSE:MCD)’s weekly and monthly volatility is 1.01%, 1.57% respectively.