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Mondelez Inter-A Bullish Moving Average Crossover Alert (MDLZ)

By Amy Schwartz

Mondelez Inter-A (NASDAQ:MDLZ) shares have crossed bullishly above their 10-day moving average of $54.94 on a volume of 933K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Mondelez Inter-A have traded between a low of $37.42 and a high of $56.87 and are now at $55.04, which is 47% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Mondelez Inter-A and will alert subscribers who have MDLZ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses mondelez inter-a

Ticker(s): MDLZ