Mosaic Stock Forecast
Mosaic stock price down 1.07% on Tuesday
(Updated on Apr 23, 2024)
The Mosaic stock price fell by -1.07% on the last day (Tuesday, 23rd Apr 2024) from $30.74 to $30.41. During the last trading day the stock fluctuated 1.55% from a day low at $30.35 to a day high of $30.82. The price has fallen in 8 of the last 10 days and is down by -8.71% for this period. Volume has increased on the last day by 1 million 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 $111.56 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $30.20 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.72% during the next 3 months and, with a 90% probability hold a price between $31.02 and $34.36 at the end of this 3-month period.
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MOS Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 0.396%. Further rise is indicated until a new top pivot has been found. 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 $30.61 and $31.71. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 $30.23 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 $0.470 between high and low, or 1.55%. For the last week, the stock has had daily average volatility of 2.04%.
Our recommended stop-loss: $28.82 (-5.23%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 4 days ago.)
Trading Expectations (MOS) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Mosaic Company (The) to open at $30.53, and during the day (based on 14 day Average True Range), to move between $29.64 and $31.18, which gives a possible trading interval of +/-$0.767 (+/-2.52%) up or down from last closing price. If Mosaic Company (The) takes out the full calculated possible swing range there will be an estimated 5.05% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $30.23 (0.59%) than the resistance at $31.29 (2.89%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Mosaic will release earnings AMC on Wednesday, May 01, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.610. We will update the financials statements for Mosaic, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 4.26% in the first trading day after earnings release.
Is Mosaic Company (The) stock A Buy?
Mosaic holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.783 Hold/Accumulate Unchanged
Predicted Opening Price for Mosaic Company (The) of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| $30.53 ( 0.384%) | $30.41 |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 31.00 | 1.93 % | |
| R2 | 30.82 | 1.34 % | ||
| R1 | 30.71 | 0.97 % | ||
| Current price: | 30.41 | |||
| Support | S1 | 30.35 | -0.207 % | |
| S2 | 30.24 | -0.572 % | ||
| S3 | 30.06 | -1.16 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 32.22 | 5.95 % | |
| R2 | 31.63 | 4.01 % | ||
| R1 | 31.29 | 2.89 % | ||
| Current price | 30.41 | |||
| Support | S1 | 30.23 | -0.592% | |
| S2 | 30.14 | -0.89% | ||
| S3 | 29.55 | -2.83% |
MOS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 21, 2024 | Jun 06, 2024 | Jun 20, 2024 | $0.210 | 0.691% |
| 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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