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TradersHuddle Scanner - High Volume For Mosaic
Published on Thursday, 05 January 2012 11:38 Written by Danny Miller
New York, January 5th (TradersHuddle.com) - Unusual high volume detected on shares of Mosaic Company (NYSE:MOS), early in the trading session. Mosaic is currently trading higher by 3.98%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.
The Mosaic Company (NYSE:MOS) produces and distributes crop nutrients to the agricultural communities located in North America and other countries. The Company's principal products include concentrated phosphates, and potash.
Mosaic has already traded 0.821 times its 3-month average volume, and has calculated support and resistance at $48.35 and $52.80 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.
The overall market index S&P 500 is trading lower by -0.35% from its previous trading close, which means that Mosaic stock is outperforming the overall market.
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Related Partner Headlines
- Mosaic Co (MOS): Today's Featured Chemicals Winner - TheStreet.com
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