Mosaic stock: buy or sell
Jan 18th, 2021
Mosaic stock brief
- Mosaic stock slightly changed -0.90% to close at $28.64 on the stock market last Friday.
- JPMorgan Chase & Co. and Royal Bank of Canada posted bullish ratings for Mosaic last Friday, with an average forecast of $34.50
- The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally.
Should I buy Mosaic stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $MOS stock a buy?
Currently, Mosaic stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $MOS in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Mosaic stock?
Knowing when to sell a stock is even harder than knowing when to buy it. Just as when we have to buy shares, deciding when is the best time to sell is not a fickle decision, and we must follow our own trading style. Our trading system selects very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups should not be used for selling short Mosaic stock
As a rule of thumb, you must never mantain an investment that yields losses greater than those expected upon purchase. The timing to sell shares must always be determined by the stop-loss (automatic or manual)
Is it time to sell Mosaic stock?
Currently, Mosaic stock doesn't match any of our preferred sell setups, so if you own Mosaic stock and your operation is in profit probably is not time to sell now
In the last 30 days, 3 ratings were published for Mosaic. General sentiment is bullish, with 3 out of 3 posting positive outlooks
|Jan 7th, 2021|
|JPMorgan Chase & Co.||Neutral → Buy|
|Jan 15th, 2021|
|JPMorgan Chase & Co.||Buy|
|Royal Bank of Canada||Buy → Buy|
Mosaic stock analysis
Mosaic shares started an uptrend last November, and gained a gorgeous 79.34%. The price line shows higher peaks and higher troughs, and along the way gave some buying opportunities for those who wanted to trade in. Latest pullback was in late December, when price bounced at $21.40. On January 5, Mosaic broke out above its last top ($23.70) giving a good buying opportunity that resulted in a 20.84% profit
Supports and resistances
The current resistances are:
The current support levels are:
Since the price surpassed the upper band last Thursday, the price dropped by 2.35%. The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can trade in these levels for many days and weeks
Relative strength index
Climbed above the 70 level last Friday, marking a reading of 76.8. The fact that the value is in the overvalued zone does not in any way imply a sell point, as stock price can rally during several weeks being in the overvalued zone
Mosaic stock price history
Mosaic started trading priced at an adjusted price1 of $7.39 on Jan 1988. Since then, MOS stock surged by 287.55%, with an average of 8.99% per year. An investment of $1,000USD at that time would be valued $3,875.51 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Mosaic stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions release their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental data by the company, and many times. If you are a small investor you shouldn't buy or sell based on these price targets.
Averaging all price targets exposed below, the forecasted price for Mosaic stock is $33.67. Mosaic closed at $28.64 last Friday, so the target price is expecting a growth by 17.56%.
|Brokerage firm||Price target|
|Jan 7th, 2021|
|JPMorgan Chase & Co.||$32.00|
|Jan 15th, 2021|
|JPMorgan Chase & Co.||$32.00 → $34.00|
|Royal Bank of Canada||$32.00 → $35.00|
Earnings and financials
Last November, Mosaic ($MOS) hosted the quarterly earnings event and released the report. Mosaic beat Wall St estimates and reported of $0.23, that is a 35.29% increase compared to the initial estimates of $0.17. On the other hand, reported sales of $2.4 billion were in line with Wall St. forecasts.Compared to the same quarter one year ago, EPS was $0.08, so current EPS is a improvement of 187.50%. Turnover dropped a -13.51% on an annualized basis in the , from $27.5B to $23.8B last quarter.
Mosaic ($MOS) is presenting Q4 financial report mid next February. Analysts estimate of $0.17, that is a 26.09% lower than previous quarter.
Important:The opinions expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this report does not have any knowledge of the particular circumstances of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for informational purposes only
|Friday, January 15th, 2021|
|Day range||$28.09 - $28.85|
|Average true range||$1.65|
|50d mov avg||$21.95|
|100d mov avg||$20.23|
|200d mov avg||$16.60|
|Earnings date||February 17th, 2021|