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.
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