MDLZ stock: buy or sell
Jan 16th, 2021
MDLZ stock brief
- Mondelez stock barely changed -0.16% to close at $57.22 on the stock market on Friday.
- Mondelez stock price is just 4.63% below all-time highs
- Price is drawing a scaled uptrend since last October with higher tops and higher bottoms. Up to date, shares made a 9.55% gain since the beginning of this rally
- Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide.
Should I buy Mondelez stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $MDLZ stock a buy?
Currently, Mondelez stock matches one trading strategy:
ATH buy setup
All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at all-time highs is that price doesn't have upper resistances, and usually it scales rapidly. However, there's the risk of a bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is always important. Price is now at 4.86% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $60.00. The stop loss would be set at $54.68
|Buy setup||Buy point||Stop loss||Risk|
|ATH buy setup||$60.00||$54.68||8.87%|
Should I sell Mondelez stock?
How to know when is it time to sell Mondelez stock?. Trading strategies allow us to avoid impetuous decisions based on our personal emotions or the buzz surrounding the market. When selling, as well as buying, our strategies are very easy to follow and are only applicable for selling stocks you already own, not for selling short $MDLZ stock
A golden rule is that you should not hold an open trade that results in greater losses than those expected upon the buy. When to sell shares should always be determined by the stop-loss (automatic or manual)
Is it time to sell Mondelez stock?
In the current situation of Mondelez there is not any eligible sell setup, so Mondelez stock holders with operations in profit can keep their positions
In the last month, just one analyst rating was published for Mondelez
|Jan 12th, 2021|
|Jefferies Financial Group|| Sell → |
Mondelez stock analysis
Since last October, Mondelez has been drawing an uptrend that so far marked a gorgeous 9.55%. The price shows higher tops and bottoms, and along the way provided very few buy points for those who wanted to invest. Latest low was in mid-December, when price bounced at $56.37. Currently, it trades in a consolidation between its last top ($60.00) and its last bottom ($56.37)
$MDLZ near to All-time Highs
Close to ATH
Supports and resistances
The current resistance levels are:
The current support levels are:
The evolution of the Bollinger Bands on the chart reveals that they are relatively close to each other (2.94%), which clearly means that price volatility is low. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders accordingly
Relative strength index
When the moves for so long below 70 and above 30, without any indication of overbought and oversold, the indicator gets of little use, and we are now in such a case.
Mondelez stock price history
Mondelez IPO was on Jun 13th, 2001 priced at $12.81 per share1. Since then, MDLZ stock has risen by 346.68%, with an average of 18.25% per year. If you had invested thousand dollars in Mondelez stock on the IPO, it would be valued $4,466.82 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Mondelez stock
Nobody can predict how much a share will be priced in the future. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions publish their price target based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and many times. Again, these estimates are not direct recommendations for small traders and should not be followed blindly.
There is just one price target available for Mondelez that predicts a price of $66.00.
|Brokerage firm||Price target|
|Jan 12th, 2021|
|Jefferies Financial Group||$62.00 → $66.00|
Earnings and financials
Mondelez ($MDLZ) had the quarterly investors call and presented the report last November. MDLZ posted earnings of $0.63 per share on sales of $6.7 billion. The consensus earnings estimate was $0.62 per share on revenue of $6.5 billion.Compared to the same quarter one year ago, EPS was $0.64, so posted EPS means a loss of -1.56%. Looking at turnover, figures slightly moved compared to $63.6B same quarter last year.
MDLZ ($MDLZ) will host the Q4 earnings call on January 27. Market analysts analysts forecast of $0.66, that is a 4.76% higher than Q3.
Disclaimer:The thoughts written in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not have any knowledge of the specific situations of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for educative reasons only
|Friday, January 15th, 2021|
|Day range||$56.69 - $57.5|
|Average true range||$1.09|
|50d mov avg||$57.38|
|100d mov avg||$56.88|
|200d mov avg||$54.36|
|Earnings date||January 27th, 2021|