Kraft Foods Inc.(KFT) is in an downtrend

(29-Jan-2008) (29-Jan-2008) Kraft Foods Inc.(KFT) closed at 30.19, down -0.25 or -0.82 % today. Based on our analysis, Kraft Foods Inc.(KFT) is in an downtrend.

The closing price of Kraft Foods Inc.(KFT) is below its 50 day moving average of 32.48 (Designated by blue line). This indicates that the trend is down. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Kraft Foods Inc.(KFT) is losing momentum. The loss of momentum in a downtrend confirms that the downtrend is intact. The MACD histogram crossed below the signal line on 14-Dec-2007, about 31 trading days ago.