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Monsanto Bearish Moving Average Crossover Alert (MON)

By Nick Russo

Today, shares of Monsanto (NYSE:MON) have crossed bearishly below their 10-day moving average of $102.56 on a volume of 398K shares. Swing traders may find 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 Monsanto have traded between a low of $81.22 and a high of $123.82 and are now at $102.15, which is 26% above that low price. The 200-day and 50-day moving averages have moved 0.31% lower and 0.36% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Monsanto and will alert subscribers who have MON in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Monsanto

Ticker(s): MON