In the meantime, DZ Bank downgraded its Mondelez International Inc [MDLZ] rating to a Sell from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “a Neutral”. Jefferies also remained covering MDLZ and has decreased its forecast on January 21, 2025 with a “Hold” recommendation from previously “Buy” rating. Wells Fargo revised its rating on January 07, 2025. It rated MDLZ as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of MDLZ
On Friday, Mondelez International Inc [NASDAQ:MDLZ] saw its stock jump 1.07% to $58.45. Over the last five days, the stock has gained 0.79%. Mondelez International Inc shares have fallen nearly -2.14% since the year began. Nevertheless, the stocks have fallen -22.33% over the past one year. While a 52-week high of $76.06 was reached on 01/02/25, a 52-week low of $53.95 was recorded on 02/05/25. SMA at 50 days reached $59.81, while 200 days put it at $67.06.
Levels Of Support And Resistance For MDLZ Stock
The 24-hour chart illustrates a support level at 57.82, which if violated will result in even more drops to 57.18. On the upside, there is a resistance level at 58.95. A further resistance level may holdings at 59.44. The Relative Strength Index (RSI) on the 14-day chart is 51.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.57%. Stochastics %K at 74.17% indicates the stock is a holding.
How much short interest is there in Mondelez International Inc?
A steep rise in short interest was recorded in Mondelez International Inc stocks on 2025-01-15, growing by 8.83 million shares to a total of 22.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 13.75 million shares. There was a rise of 39.1%, which implies that there is a positive sentiment for the stock.
