MONDELEZ INTERNATIONAL INC-A (NASDAQ:MDLZ) - A Strong Technical Setup for Breakout Investors

MONDELEZ INTERNATIONAL INC-A (NASDAQ:MDLZ) has been identified as a potential breakout candidate by our technical screening process. The stock shows a combination of solid technical strength and a high-quality setup pattern, making it worth a closer look for traders.

Technical Strength

• Technical Rating of 7: MDLZ scores well on its overall technical health, indicating a positive trend in both short and long-term timeframes.
• Positive Trends: The stock is in an uptrend, supported by rising short-term moving averages (20-day, 50-day, and 100-day).
• Relative Strength: MDLZ outperforms 73% of stocks in the Food Products industry, showing sector leadership.
• Volume Support: With an average daily volume of over 7.1 million shares, liquidity is strong, reducing slippage risk for traders.

Setup Quality

• Setup Rating of 9: The stock is consolidating in a tight range, suggesting a potential breakout opportunity.
• Support and Resistance: Key support lies between $65.32 and $68.15, while resistance is found near $68.44-$68.50. A breakout above $68.51 could signal further upside.
• Reduced Volatility: Recent price action has been stable, with volatility declining—a typical precursor to a breakout.
• Pocket Pivot Signal: A recent accumulation pattern indicates institutional buying interest, reinforcing the bullish case.

For a deeper analysis, review the full technical report for MDLZ.

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Disclaimer

This is not investment advice. The observations here are based on technical analysis at the time of writing. Always conduct your own research before making trading decisions.