Potash Corp., Mosaic, CF Industries, and Intrepid Potash Under StockCall's Microscope
Potash Corp., Mosaic, CF Industries, and Intrepid Potash Under StockCall's Microscope PR Newswire LONDON, April 3, 2013 LONDON, April 3, 2013 /PRNewswire/ -- Global food demand has been rising on the back of increasing population and rising income levels in emerging countries. Agricultural chemicals companies such as Potash Corp. of Saskatchewan Inc. (NYSE: POT), Mosaic Co. (NYSE: MOS), CF Industries Holdings Inc. (NYSE: CF), and Intrepid Potash Inc. (NYSE: IPI) have benefited immensely over the past decade from this trend. As farmers look to improve yields to meet rising demand, the outlook for agricultural chemicals companies remains bullish. On Tuesday, though, shares of all four companies struggled as the Basic Materials sector posted significant losses despite a rally in the broad market. StockCall has released full comprehensive research on POT, MOS, CF, and IPI and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Shares of Potash Corp. of Saskatchewan Inc. struggled in trading on Tuesday. The stock fell to an intra-day low of $39.21 before finishing the day 0.76% lower at $39.34. Potash Corp.'s shares have struggled so far in 2013. Year-to-date, the stock has fallen more than 2.80%, even as the S&P 500 has posted gains of more than 10% and is trading close to an all-time high level. The agricultural chemicals company's shares have been struggling to break through $40 resistance level. The stock's MACD is currently trading below the signal line and the zero-line, which is a bearish signal. Free technical analysis on POT available by signing up at http://www.StockCall.com/POT040313.pdf Mosaic Co.'s shares fell sharply in trading yesterday. The stock fell 2.06% to finish the day $58.04. Earlier in the day, it touched a low of $57.51. Mosaic's shares have fallen nearly 2.70% in the last three trading sessions. Shares of MOS have pared some of their gains for the year as a result of the recent decline. Year-to-date, the stock is now up more than 2.90%. Its shares have also slipped below their 50-day moving average, which is a bearish signal. The stock's MACD chart further confirms the negative trend. Register today and access the free research on MOS at http://www.StockCall.com/MOS040313.pdf Another stock in the Basic Materials sector that fell sharply on Tuesday was CF Industries Holdings Inc. The stock closed 2.05% lower at $186.12 after touching an intra-day low of $184.94. CF Industries' shares have now fallen nearly 3% in the last three trading sessions. For the year, the stock is now down more than 8%, underperforming the broad market. The company's shares have seen a series of lows in the last few weeks, which is a bearish signal. The free report on CF can be downloaded by signing up now at http://www.StockCall.com/CF040313.pdf Shares of Intrepid Potash Inc. fell to a 52-week low of $17.93 on Tuesday. The stock pared some of its losses to finish the day 1.40% lower at $18.27. In the last three trading sessions, Intrepid Potash's shares have now fallen more than 4.20%. Year-to-date, the stock is now down more than 14%. Shares of IPI have slipped below $19 support level recently, which is a bearish signal. The downbeat trend is further confirmed by recent volume activity and the stock's MACD chart. The company's shares are trading well below their 50-day and 200-day moving averages. Free report on IPI can be accessed by registering at http://www.StockCall.com/IPI040313.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)-396-9857 (9:00 am EST - 01:30 pm EST).