Stock Of The Day: Will Mondelez Rally? There's A Chance The Selloff Will End

Core Viewpoint - Mondelez International, Inc. is experiencing a significant decline in stock price, but there are indications that the selloff may be nearing its end and a potential reversal could occur, making it the Stock of the Day [1] Group 1: Stock Performance - Mondelez shares are currently trading flat, but the stock has been in a steep decline [1] - The stock is considered very oversold, which typically attracts buyers anticipating a price reversion [2] - A recent day of high trading volume may indicate capitulation, which could signal a bullish trend [3] Group 2: Market Dynamics - Capitulation occurs when investors sell their shares out of frustration, leading to increased trading volume [4] - Following capitulation, if buyers enter the market, they may have to bid higher prices to attract sellers, potentially driving the stock into an uptrend [5] Group 3: Support Levels - Mondelez is approaching a price level that has historically acted as support, which may lead to increased buying interest [6] - Traders who sold at this support level may regret their decision and look to buy back shares, creating additional support [7] - The combination of being oversold, nearing support, and potential capitulation suggests a high likelihood that the selloff will soon end and the stock may reverse upward [8]