Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $27.18 to a high of $27.82. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $27.39 on volume of 974,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SmarTrend recommended that subscribers consider buying shares of Mosaic Co/The on April 18th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $26.01. Since that recommendation, shares of Mosaic Co/The have risen 6.3%. We continue to monitor MOS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Mosaic Co/The share prices have moved between a 52-week high of $29.20 and a 52-week low of $19.23 and are now trading 42% above that low price at $27.29 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%.
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