Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $23.36 to a high of $24.00. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $23.37 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Over the past year, Mosaic Co/The has traded in a range of $20.81 to $37.37 and is now at $23.82, 14% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.7%.
SmarTrend is monitoring the recent change of momentum in Mosaic Co/The. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mosaic Co/The in search of a potential trend change.
Write to SmarTrend at email@example.com
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup