Mosaic Stock Forecast
Red day on Tuesday for Mosaic stock after losing 0.680%
(Updated on Jul 02, 2024)
The Mosaic stock price fell by -0.680% on the last day (Tuesday, 2nd Jul 2024) from $27.96 to $27.77. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.81% from a day low at $27.54 to a day high of $28.32. The price has risen in 6 of the last 10 days and is up by 3.23% over the past 2 weeks. Volume has increased on the last day by 806 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $97.20 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -11.37% during the next 3 months and, with a 90% probability hold a price between $23.29 and $26.65 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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MOS Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, June 17, 2024, and so far it has risen 3.23%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Mosaic stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $28.89 and $29.34. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Mosaic stock
Mosaic finds support from accumulated volume at $27.72 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.775 between high and low, or 2.81%. For the last week, the stock has had daily average volatility of 2.74%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MOS) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Mosaic Company (The) to open at $27.88, and during the day (based on 14 day Average True Range), to move between $26.93 and $28.61, which gives a possible trading interval of +/-$0.84 (+/-3.03%) up or down from last closing price. If Mosaic Company (The) takes out the full calculated possible swing range there will be an estimated 6.06% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $27.80 (0.11%) than the support at $27.72 (0.18%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Mosaic Company (The) stock A Buy?
Mosaic holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Current score: -2.189 Sell Candidate Unchanged
Predicted Opening Price for Mosaic Company (The) of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $27.88 ( 0.378%) | $27.77 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MOS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 28.65 | 3.17% |
| R2 | 28.35 | 2.10% |
| R1 | 28.17 | 1.44% |
| Price | 27.77 | |
| S1 | 27.58 | -0.688% |
| S2 | 27.40 | -1.35% |
| S3 | 27.10 | -2.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.93 | 7.78% |
| R2 | 28.41 | 2.30% |
| R1 | 27.80 | 0.108% |
| Price | 27.77 | |
| S1 | 27.72 | -0.180% |
| S2 | 27.16 | -2.20% |
| S3 | 26.90 | -3.13% |
MOS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Jun 06, 2024 | Jun 20, 2024 | $0.210 | 0.758% |
| 2 | Dec 15, 2023 | Mar 06, 2024 | Mar 21, 2024 | $0.210 | 0.655% |
| 3 | Oct 18, 2023 | Dec 06, 2023 | Dec 21, 2023 | $0.200 | 0.551% |
| 4 | Aug 24, 2023 | Sep 06, 2023 | Sep 21, 2023 | $0.200 | 0.539% |
| 5 | Mar 09, 2023 | May 31, 2023 | Jun 15, 2023 | $0.200 | 0.567% |
FAQ
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