Monsanto's most recent trend suggests a bearish bias. One trading opportunity on Monsanto is a Bear Call Spread using a strike $98.00 short call and a strike $103.00 long call offers a potential 31.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $98.00 by expiration. The full premium credit of $1.21 would be kept by the premium seller. The risk of $3.79 would be incurred if the stock rose above the $103.00 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 40.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Monsanto
Europe markets follow Asia higher after US rebound
Thu, 27 Aug 2015 10:00:20 GMT
CNBC – European markets opened higher on Thursday following a sharp selloff yesterday, after U.S. stocks made a stunning rebound to post the biggest one day gain since 2011.
Syngenta shares rebound as management seen under pressure to act
Thu, 27 Aug 2015 09:22:32 GMT
Syngenta shares rebound as management seen under pressure to act
Thu, 27 Aug 2015 09:16:17 GMT
Reuters – Shares in pesticides maker Syngenta bounced back on Thursday from their worst ever slump in the previous session as the market speculated on management being pressured into quickly boosting the shares after suitor Monsanto walked away. U.S. seeds giant Monsanto Co. on Wednesday abandoned its pursuit of its Swiss rival, which had rejected a recently sweetened $47 billion offer. Syngenta shares fell more than 18 percent on the news.
Monsanto Drops $46 Billion Bid for Syngenta
Thu, 27 Aug 2015 04:42:31 GMT
Monsanto, rivals eye next step after Syngenta deal collapse
Thu, 27 Aug 2015 00:19:09 GMT
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