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Where Is Mead Johnson in Comparison to Key Moving Averages?

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Moving averages

On July 15, 2016, Mead Johnson (MJN) closed at $91.38. That’s 9.3% above its 100-day moving average, 6.6% above its 50-day moving average, and 3.0% above its 20-day moving average. So far, the stock has risen 16% in 2016. Mead Johnson’s peers in the industry include Dean Foods (DF), Flowers Foods (FLO), and Campbell Soup (CPB).

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Peers’ moving averages

Dean Foods closed at $18.59 on July 15. That’s 3% above its 100-day moving average, 2.4% above its 50-day moving average, and 2.4% above its 20-day moving average. So far, the stock has risen ~8% in 2016. Flowers Foods closed at $18.79 the same day. That’s 1.8% above its 100-day moving average, 0.8% above its 50-day moving average, and 2.0% above its 20-day moving average. So far, it has fallen 13% in 2016.

Campbell Soup is trading 5.4% above its 100-day moving average, 4.8% above its 50-day moving average, and 2.6% above its 20-day moving average. So far, it has risen by almost 27% in 2016. Campbell Soup closed at $66.62 on July 15.

The Guggenheim S&P Equal Weight Consumer Staples ETF (RHS) invests 2.3% in Mead Johnson, 2.6% in Kellogg, and 2.7% in Campbell Soup. RHS is trading 5.9% above its 100-day moving average, 4.2% above its 50-day moving average, and 2.2% above its 20-day moving average. RHS has risen 12%. It closed at $129.9 on July 15.

Analyst estimates

For the next 12 months, analyst estimates indicate upsides of 9.5% for Mead Johnson and 1.3% for Flowers Foods from their current levels on July 15.

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