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Bearish Moving Average Cross by Mosaic Co/The (MOS)

By Amy Schwartz

Mosaic Co/The (NYSE:MOS) shares have crossed bearishly below their 10-day moving average of $26.96 on a volume of 717K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Mosaic Co/The have traded between a low of $25.43 and a high of $37.37 and are now at $26.35, which is 4% above that low price. The 200-day and 50-day moving averages have moved 0.02% lower and 0.66% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Mosaic Co/The and will alert subscribers who have MOS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses mosaic co/the

Ticker(s): MOS