On Friday, Mosaic received a positive adjustment to its Relative Strength (RS) Rating, from 68 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves. See if Mosaic can continue to show renewed price strength and clear that threshold.
While the stock is not near a proper buy point right now, see if it manages to form and break out from a proper chart pattern.
Although earnings and sales growth came in at -37% and -11%, respectively, in the latest report, that showed improvement for both earnings-per-share and sales. The company is expected to release its next quarterly numbers on or around May 6.
Mosaic holds the No. 6 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners, Intrepid Potash and Nutrien are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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