Target Price is up for the The Mosaic Company

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The Mosaic Company (NYSE:$MOS), which is a Fortune 500 company, now trades with a very precise set of technicals. When combined, these technicals illustrate just how investors and traders should be approaching the Minnesota-based company. If you’re interested in the agribusiness, keep in mind that technical charts can be extremely useful tools, if used wisely.

In MOS’s latest trading session, their stock reached a high of $23.64 and a low of $22.68. This high compares poorly to MOS’s 52-week high of $34.36, set on February 13, 2017. That said, the recent low shows a 6.14% since June 7, 2017. This is good for anyone looking to take advantage of the stock’s upside. Additionally, MOS’s stock has a beta of 1.22, thus meaning that the stock is more explosive than the market (because the beta is greater than 1)

If you’re looking to make an analysis  of the stock’s upside, there are a number of technical indicators that are now emerging for the stock. It’s also worthwhile noting that the Relative strength indicator (RSI) and Stochastic measures play a defining role in MOS. Looking at current readings for the Mosaic Company, you will see that the 14-day RSI is 48.94% and the stochastic reading is 35.43%. This means that MOS is not overbought nor is it oversold. Additionally, there is a negative atmosphere surrounding this stock and this is mostly due to fact that MOS is considered to be relatively bearish.

Keep in mind that maximum gains are the possible when analyzing a stock and if you want to get there quicker, pursue a couple technicals on the side. When measured over the past 30 days, MOS’s -0.19 has created a negative sentiment. MOS has also underperformed the S&P 500 by -31.66. As a result, there is more unpredictableness in this stock in comparison to other stocks in the agribusiness sector.

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