Wednesday, April 30, 2008

Mosaic Co.(MOS) is in an uptrend but could lose its momentum

(29-Apr-2008) (29-Apr-2008) Mosaic Co.(MOS) closed at 118.06, down -5.62 or -4.54 % today. Based on our analysis, Mosaic Co.(MOS) is in an uptrend but could lose its momentum.

The closing price of Mosaic Co.(MOS) is above its 50 day moving average of 113.74 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Mosaic Co.(MOS) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 25-Apr-2008, about 4 trading days ago.

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