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

By James Quinn

Today, shares of Mondelez Inter-A (NASDAQ:MDLZ) have fallen below their 10-day MA of $54.45 on a volume of 246K 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.

In the past 52 weeks, Mondelez Inter-A share prices have been bracketed by a low of $37.42 and a high of $56.87 and are now at $53.28, 42% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.03% 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