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POT Crosses Below Key Moving Average Level

By Market News Video Staff, Wednesday, August 3, 11:46 AM ET
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In trading on Wednesday, shares of Potash Corp. of Saskatchewan Inc. (NYSE:POT) crossed below their 200 day moving average of $54.30, changing hands as low as $54.06 per share. Potash Corp. of Saskatchewan Inc. shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of POT shares, versus its 200 day moving average:

Potash Corp. of Saskatchewan Inc. 200 Day Moving Average Chart

Looking at the chart above, POT's low point in its 52 week range is $35.25 per share, with $63.97 as the 52 week high point — that compares with a last trade of $55.23.

POT operates in the Agricultural Chemicals sector, among companies like Terra Nitrogen Co., L.P. (NYSE:TNH) which is down about 3% today, and Scotts Miracle-Gro Co (NYSE:SMG) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of POT, versus TNH and SMG.

POT,TNH,SMG Relative Performance Chart


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