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Is MDLZ primed for upward momentum? Crossed Above 50 Day Moving Average shows up after gaining 2.57%
MDLZ finished higher by 2.57% on Tuesday, June 23rd, trading 1.7 times its typical volume. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 60.52, 60.0 & 59.63, with resistance at 61.42, 61.79 & 62.31. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MDLZ: B
What else did MDLZ do today? Find out on SwingTradeBot.
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