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Monsanto Co. Breaks Below 200-Day Moving Average - Bearish for MON

By Market News Video Staff, Thursday, June 23, 12:02 PM ET
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In trading on Thursday, shares of Monsanto Co. (NYSE:MON) crossed below their 200 day moving average of $65.22, changing hands as low as $64.65 per share. Monsanto Co. shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of MON shares, versus its 200 day moving average:

Monsanto Co. 200 Day Moving Average Chart

Looking at the chart above, MON's low point in its 52 week range is $44.61 per share, with $76.69 as the 52 week high point — that compares with a last trade of $64.88.

According to the ETF Finder at ETF Channel, MON makes up 8.26% of the Materials Select Sector SPDR Fund ETF (AMEX:XLB) which is trading lower by about 2.4% on the day Thursday.

     See what other ETFs contain MON »
     See what other stocks are held by XLB »

MON operates in the Agricultural Chemicals sector, among companies like China Green Agriculture Inc (NYSE:CGA) which is up about 3.6% today, and Yongye International, Inc. (NASDAQ:YONG) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of MON, versus CGA and YONG.

MON,CGA,YONG Relative Performance Chart


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