Kraft Foods Inc.(KFT) has rising momentum with an uptrend

(31-Mar-2008) (31-Mar-2008) Kraft Foods Inc.(KFT) closed at 30.82, down -0.12 or -0.39 % today. Based on our analysis, Kraft Foods Inc.(KFT) has rising momentum with an uptrend.

The closing price of Kraft Foods Inc.(KFT) is above its 50 day moving average of 30.44 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Kraft Foods Inc.(KFT) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 26-Mar-2008, about 4 trading days ago.