QSR NEWS why is Restaurant Brands International Inc. price falling or rising

QSR NEWS reasons for why stock price of Restaurant Brands International Inc. is falling or rising

QSR Restaurant Brands is falling or rising technical reasons

Technical analysis forecast for Restaurant Brands Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Restaurant Brands QSR at this time. Stock is falling and might fall more.

It appears as if Restaurant Brands QSR gave a large move recently.

Stock of Restaurant Brands (QSR) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Restaurant Brands is bearish for shortterm, and stock might move down till 68.4 or till 67.2. Use a stoploss of 69.38 and if the stock hits stoploss, then it can shoot up till 70.36

QSR Restaurant Brands is falling or rising NEWS fundamental reasons

Block deal: Goldman Sachs Funds sells nearly 48 lakh shares for Rs 50 crore in Restaurant Brands Asia Goldman Sachs sells additional stake in RBA, the second within two weeks. On June 14, the firm sold shares worth Rs 43 crore at Rs 105.53 each, a 1.30% discount. - NEWS as on 2024-06-25 indiatimes.com

Block deal: Goldman Sachs Funds sells 40.6 lakh shares in Restaurant Brands Asia for Rs 43 crore Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, which sold its stake on Friday, held 1,10,12,628 shares, representing 2.22% of Restaurant Brands Asia as of March 31, 2024, according to BSE shareholding data. - NEWS as on 2024-06-14 indiatimes.com

More announcements and NEWS

QSR Restaurant Brands International Inc. current price & indicator signals

Moving Averages for Restaurant Brands International Inc.

  • 5Day Average: 69.41
  • 12Day Average: 69.11
  • 20Day Average: 69.16
  • 50Day Average: 70.82
  • 100Day Average: 74.08
  • 150Day Average: 74.7
  • 200Day Average: 72.73

QSR Indicators & signals

Indicator MACD (12,26,9)

69.26, 69.59, -0.57
Indicator MACD is in negative zone

Indicator ADX (14)

5.45, 20.63, 23.02
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of QSR Restaurant Brands International Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Wed Jun 2024 69.33 68.83 to 69.50 -0.09% 0.71 times
25 Tue Jun 2024 69.39 68.79 to 70.29 -1.14% 0.85 times
24 Mon Jun 2024 70.19 69.06 to 70.36 1.37% 1.23 times
21 Fri Jun 2024 69.24 68.36 to 69.58 0.49% 1.31 times
20 Thu Jun 2024 68.90 68.13 to 69.14 0.04% 2.46 times
18 Tue Jun 2024 68.87 68.75 to 69.67 0% 0.54 times
18 Tue Jun 2024 68.87 68.75 to 69.67 -0.62% 0.54 times
17 Mon Jun 2024 69.30 68.70 to 69.58 0.58% 0.72 times
14 Fri Jun 2024 68.90 68.26 to 69.35 -0.63% 0.81 times
13 Thu Jun 2024 69.34 68.77 to 69.65 0.68% 0.64 times
12 Wed Jun 2024 68.87 68.53 to 69.68 1.06% 0.89 times
11 Tue Jun 2024 68.15 66.96 to 68.25 0.77% 0.82 times

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