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

By Nick Russo

Mondelez Inter-A (NASDAQ:MDLZ) crossed under its 10-day moving average of $54.22 on a volume of 466K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Mondelez Inter-A share prices have moved between a 52-week high of $56.87 and a 52-week low of $37.42 and are now trading 44% above that low price at $54.03 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

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