In a welcome move, Mosaic saw its Relative Strength Rating rise from 68 to 73 on Tuesday.
Can You Really Time The Stock Market?
This proprietary rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or higher RS Rating as they launch their biggest runs. See if Mosaic can continue to rebound and clear that threshold.
Mosaic is building a consolidation with a 38.23 buy point. See if the stock can break out in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -25% to -6%. Revenue rose from -2% to 7%.
Mosaic earns the No. 7 rank among its peers in the Chemicals-Agriculture industry group. CVR Partners, CF Industries Holdings and Sociedad Quimica ADR 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength