What chart pattern is ChartPattern.io tracking on Mondelez International?
ChartPattern.io is currently tracking Rounding Bottom on Mondelez International in the Consumer Staples stock.
Live Consumer Staples stock scanner page for Mondelez International. Review the rounding bottom setup, chart structure, and trade levels in one place.
Technical analysis of Mondelez International (MDLZ) reveals a significant setup. Currently at $62.97, the asset is showing downward momentum (-1.3%). Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $65.22, targeting $73.12 with support near $61.27 (R:R 2.0).
MDLZ is part of the Consumer Staples stock on ChartPattern.io. The scanner currently highlights Rounding Bottom as the leading setup, with an entry near $65.22, a stop around $61.27, and a target near $73.12.
Rounding Bottom
33/100 CP Index
Entry $65.22 · Stop $61.27 · Target $73.12
Use advanced tools to confirm the Rounding Bottom on MDLZ before you trade.
Gradual reversal from bearish to bullish.
What is your outlook on MDLZ?
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ChartPattern.io is currently tracking Rounding Bottom on Mondelez International in the Consumer Staples stock.
The current trade plan points to an entry near $65.22, a stop near $61.27, and a target near $73.12.
Mondelez International currently leans bearish. The page is showing a CP Index of 33/100, which helps summarize the current technical setup.