Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $29.95 to a high of $31.04. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $30.70 on volume of 2.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
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 16.5%. We continue to monitor MOS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Over the past year, Mosaic Co/The has traded in a range of $19.47 to $32.32 and is now at $30.95, 59% above that low. 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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