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Mondelez Inter-A Crosses Above its 10-day MA (MDLZ)

By Amy Schwartz

Mondelez Inter-A (NASDAQ:MDLZ) shares have crossed bullishly above their 10-day moving average of $52.05 on a volume of 236K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Mondelez Inter-A share prices have been bracketed by a low of $37.42 and a high of $52.94 and are now at $52.30, 40% above that low price. The 200-day and 50-day moving averages have moved 0.39% higher and 0.82% higher over the past week, respectively.

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