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Look for Shares of Mosaic Co/The to Potentially Rebound after Yesterday's 2.21% Sell Off

By Shiri Gupta

Mosaic Co/The (NYSE:MOS) traded in a range yesterday that spanned from a low of $18.40 to a high of $18.73. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $18.61 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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.

Over the past year, Mosaic Co/The has traded in a range of $17.36 to $37.33 and is now at $18.54, 7% above that low. The 200-day and 50-day moving averages have moved 0.55% lower and 0.36% lower over the past week, respectively.

Keywords: rebounders mosaic co/the

Ticker(s): MOS