Technical Analysis

Technical Analysis of MDLZ Stock

Price Trend and Volume Analysis

• Latest Price: $64.61 (as of 2025-02-21, market closed).
• Recent Performance: MDLZ closed with a +4.02% gain in the regular market session on February 21, 2025.
• Volume: 16,291,507 shares traded, significantly higher than the average, indicating strong market activity.

Key Technical Indicators

• RSI (Relative Strength Index):
  • RSI-14: 73.99 (overbought zone, indicating potential for a pullback).
• MACD (Moving Average Convergence Divergence):
  • MACD Line: 1.06, Signal Line: 0.37, Histogram: 0.69 (bullish momentum).
• Stochastic Oscillator:
  • %K: 96.69, %D: 93.06 (overbought zone, signaling caution).

Support and Resistance Levels

• Fibonacci Levels:
  • Resistance 1: $63.93 (already surpassed).
  • Resistance 2: $65.66 (next target).
  • Support 1: $58.31.
• Bollinger Bands:
  • Upper Band: $65.76, Middle Band: $59.25, Lower Band: $52.73.
  • Current price is near the upper band, indicating overbought conditions.

Trend Analysis

• MDLZ is in a short-term bullish trend, supported by strong momentum indicators and a breakout above key resistance levels. However, overbought signals from RSI and Stochastic Oscillator suggest a potential consolidation or minor pullback.

Recommendation

• Buy/Sell Decision: Hold or consider selling if the price approaches $65.66 (Resistance 2) without further bullish confirmation. For new positions, wait for a pullback to $63.00–$63.50 for better risk-reward.
• Stop Loss: $61.50 (below recent support).
• Target: $65.66 (short-term), $68.47 (medium-term if bullish momentum continues).