MDLZ stock: buy or sell

MDLZ stock price: $59.57 0.61% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

MDLZ stock brief

  • Mondelez closed on Wednesday at $59.57 after just changing a 0.61%.
  • Mondelez is presenting its earnings report next Tuesday
  • Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide.

Should I buy Mondelez stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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

One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at all-time highs is that price doesn't have upper resistances, and usually it rises fast. However, you must always be aware of a possible bulls trap that may trigger your buy order and then drops sharply. That's why a stop loss is always important. Mondelez can break to ATH any time soon, as it only needs to rise a 0.69%. Setup your buy order at $59.98 if you want to trade with this strategy. The stop loss would be set at $53.98

Buy setupBuy pointStop lossRisk
ATH buy setup$59.98$53.9810.00%

Should I sell Mondelez stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Similarly to when we have to buy shares, deciding when is appropiate time to sell is not a whimsical decision, and we must use our own trading style. Our trading system selects very simple strategies to guide us on when is a good moment to sell our shares. Be aware that these strategies are not intended for selling short $MDLZ stock

As a rule of thumb, you must never mantain an operation that leads to higher than expected losses at the time of purchase. The moment to sell shares always has to be dictated 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

Mondelez ratings

In the previous 30 days we couldn't find any rating for Mondelez

Mondelez stock analysis

SMAs overview

MDLZ stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $59.69 (0.20% above)
  • The current support levels are:

  • S1: $58.76 (-1.36% below)
  • S2: $58.49 (-1.81% below)
  • S3: $58.48 (-1.83% below)
  • Bollinger bands

    The actual distance between the upper and lower bands is less than 5%, meaning that volatility is at very low levels. The tightness of the Bollinger bands is usually a signal of a sudden price movement (up or down), so we must be alert and manage our buy or sell orders correctly

    MDLZ stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in late March after just crossing to the overbough zone for 1 day (weak signal). The RSI reading on Wednesday was 64.5. Mondelez shares slightly moved a 0.50% since then

    MDLZ stock RSI chart

    Mondelez stock price history

    Mondelez IPO was on Jun 13th, 2001 at $12.79 per share1. Since then, MDLZ stock has risen by 365.75%, with an average of 19.25% per year. If you had invested $1,000USD in Mondelez stock at that time, it would have a value of $4,657.54 today.

    1: Adjusted price after possible price splits or reverse-splits

    MDLZ stock price history chart

    Price target for Mondelez stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis predicting how a particular stock will performance in the future.

    The following table shows the price forecasts published by brokerage institutions in the last 30 days. If you are a small trader you don't have to buy or sell based on these predictions.

    We don't have any target price posted in the previous month for Mondelez.

    Earnings and financials

    MDLZ ($MDLZ) is hosting the Q1 earnings call next Tuesday. Market forecasts of $0.69, compared to previous quarter that was $0.67.

    Last January, Mondelez International, Inc. ($MDLZ) reported EPS for that matched Wall St. expectations. Quarterly EPS was $0.67 per share from an estimated $0.66. The company said revenue for this quarter was $7.3 billion consistent with analysts' estimates as well.

    Compared to the same quarter one year ago, EPS was $0.61, so posted EPS is a increase of 9.84%. Looking at turnover, figures moved up a 5.57% compared to $69.1B same quarter last year.

    Mondelez performance

    MDLZ performance compared
    Company1m3m6m
    Mondelez ($MDLZ) 1.80% 5.20% 4.70%

    Important note:
    The comments expressed in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the specific conditions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for informational motives only

    MDLZ summary

    Wednesday, April 21st, 2021
    Open$59.37
    Close$59.57
    Day range$59.3 - $59.8
    Previous close$59.21
    Session gain0.61%
    Average true range$0.74
    50d mov avg$56.67
    100d mov avg$56.79
    200d mov avg$56.10
    Earnings dateApril 27th, 2021

    Frequently asked questions

    What is Mondelez stock symbol?

    Mondelez International, Inc. is a public company trading in the US stock market with the MDLZ symbol

    Is Mondelez stock a buy or sell?

    Mondelez had no ratings in the last 30 days Read the article to get additional tips on trading MDLZ stock.

    Will MDLZ go up?

    There were no predictions issued by analysts in the last 4 weeks for Mondelez.