Technical Analysis – 20 March 2025

Shares closed at a high since December 2024. 5dEMA just crossed the 200dEMA and the 20dEMA just crossed the 50dEMA.
MACD is positive, RSI is constructive.
Long – Entry 115 Target 125 Stop 110

Shares closed higher above the 5dEMA with constructive volume. 5dEMA just crossed the 50dEMA and 20dEMA just crossed the 200dEMA.
MACD is positive, RSI is constructive.
Long – Entry 2.25, Target 2.45, Stop 2.15

Shares closed at a high since December 2024. 20dEMA recently crossed the 50dEMA.
MACD is positive, RSI is at an overbought level.
Long – Entry 42.0 Target 46.0, Stop 40.0

Shares closed at a 5-month high above the 5dEMA with rising volume. The 50dEMA crossed the 200dEMA.
Both RSI and MACD are constructive.
Long – Entry 57.2 Target 62.0, Stop 54.8

General Mills Inc (GIS)

3Q25 Revenue: $4.84B, -5.1% YoY, miss estimates by $110M
3Q25 Non-GAAP EPS: $1.00, beat estimates by $0.04
FY25 Guidance: Expect organic sales to be down 1.5% to 2%, compared with a prior forecast of flat to up 1%, excluding any impact from tariffs. Adjusted profit for the full year is now expected to decline in the range of 7% to 8%, compared with a prior forecast of down between 1% to 3%.
Comment: General Mills delivered third quarter revenue of US$4.84bn missing estimates, partly due to unexpected inventory reductions by retailers, though adjusted EPS of US$1 beat forecasts. The company lowered its full year sales and profit outlook due to weak demand for salty snacks and pet food, intensified by competition from private-label brands. It now expects organic sales to decline 1.5% to 2% and adjusted profit to drop 7% to 8%. The company plans at least US$100mn in cost savings for fiscal 2026. Consumers, facing higher living costs due to tariffs, are shifting to cheaper alternatives. With ongoing headwinds, effective resource allocation and cost management will be crucial for sustaining profitability. 4Q25 recommended trading range: $56 to $60. Neutral Outlook.

通用磨坊 (GIS)

25财年第三季营收：48.4亿美元，同比下降5.1%，比预期低1.1亿美元。
25财年第三季Non-GAAP每股收益：1.00美元，比预期高0.04美元。
25财年指引：预计有机销售额将下降1.5%至2%，之前预期为持平至增长1%，不包括关税的任何影响。全年调整后利润预计将下降7%至8%，之前预期为下降1%至3%。
短评：通用磨坊公布的第三季度营收为48.4亿美元，低于预期，部分原因是零售商意外减少库存，但调整后的每股收益1美元高于预期。该公司下调了全年销售额和利润预期，原因是咸味零食和宠物食品需求疲软，且自有品牌竞争加剧。目前预计有机销售额将下降1.5%至2%，调整后利润将下降7%至8%。该公司计划在2026财年至少节省1亿美元的成本。由于关税导致的生活成本上升，消费者正在转向更便宜的替代品。在持续的阻力下，有效的资源分配和成本管理对于维持盈利能力至关重要。25财年第四季建议交易区间：56美元至60美元。中性前景。