Monsanto's most recent trend suggests a bearish bias. One trading opportunity on Monsanto is a Bear Call Spread using a strike $110.00 short call and a strike $115.00 long call offers a potential 28.21% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock rose above the $115.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Monsanto is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Monsanto is bearish.
The RSI indicator is at 70.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Monsanto
Agrium sees opportunities as seed, chemical companies talk mergers
Wed, 08 Jun 2016 16:31:40 GMT
Reuters – Agrium Inc, North America's largest retail seller of products for crop farming, could benefit if some of the biggest makers of seed and agricultural chemicals merge, Chief Executive Chuck Magro said on Wednesday. Responding to a question during a company investor day in Toronto about how possible tie-ups of ChemChina and Syngenta AG or Bayer AG and Monsanto Co could affect Agrium, Magro said assets could become available if the companies need to raise capital or satisfy anti-trust concerns. Many of the big producers are already suppliers of Agrium's farm retail stores.
BASF says not backed into a corner by Bayer's Monsanto swoop
Wed, 08 Jun 2016 12:25:01 GMT
BASF says not backed into a corner by Bayer's Monsanto swoop
Wed, 08 Jun 2016 12:25:01 GMT
BASF says not backed into a corner by Bayer's Monsanto swoop
Wed, 08 Jun 2016 12:14:01 GMT
BASF says not backed into a corner by Bayer's Monsanto swoop
Wed, 08 Jun 2016 12:08:26 GMT
Reuters – UK Focus – “We are not backed into a corner by what is happening in the market,” the group's deputy chief executive Martin Brudermueller said at a news conference on BASF's research and development efforts at its headquarters in Ludwigshafen in southern Germany. Bayer made an unsolicited $62 billion offer for Monsanto in May, aiming to create the world's biggest agricultural supplier.
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