Overview

• McDonald's stock has fallen 14% year-to-date, underperforming broader indices.
• Analysts expect Q2 revenues to slightly exceed estimates at $6.7 billion, but earnings may be pressured by inflation.
• Technical indicators show bearish momentum, with the stock trading below key moving averages.
• The company's $5 value meal promotion has seen early success and may be extended into August.
• McDonald's long-term outlook remains positive due to digital and delivery initiatives and a strong cash position.