Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $29.68 to a high of $30.24. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $29.99 on volume of 1.3 million 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 16.4%. We continue to monitor MOS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
In the past 52 weeks, Mosaic Co/The share prices have been bracketed by a low of $19.23 and a high of $32.32 and are now at $29.73, 55% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.4%.
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