CF Industries Holdings, Inc. (CF), McEwen Mining Inc. (MUX) Is Sending Signals Via Its Technical Chart

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CF Industries Holdings, Inc. (NYSE:CF) traded at an unexpectedly high on Tuesday, posting a 0.16% after which it closed the day’ session at $37.79. The results of the trading session contributed to over 3,281,548 shares changing hands. Surprise? The volume performance for the stock on the day in question is unusually high, especially when matched against average 3.15M. Traders can make of these figures one thing: sentiment in terms of actual shares traded is heating up. Several analysts have had interesting things to say about what could happen potentially to the company down the road.

What Analysts Are Saying And Expect

The price target set for the CF Industries Holdings, Inc. (CF) is $41.68 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move 10.29%. The target price is an amalgamation of differing takes on what the stock will do over time.

Berenberg for instance, initiated the stock on 29/03/2018 whilst Citigroup issued a downgraded the stock on 13/03/2018. BofA/Merrill downgraded coverage for the stock on 08/03/2018 and Bernstein issued a initiated the stock on 21/02/2018.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

The technical movement for the stock has also been interesting for traders trying to understand what the stock is all about. The stock is down on the following periods of measurement of performance. On a weekly basis, the stock is -2.28%. On a monthly basis the stock is -2.28%. The quarterly performance for the stock is -3.20%, while the half-yearly performance is -2.10%. The stock’s beta is 1.09 whilst the stock has an average true range (ATR) of 1.11.Other technical indicators are worth considering in assessing the prospects for CF. RSI for instance is currently at 41.25. The stock has seen a uptick on its SMA50 which is now -3.46%. In looking the SMA 200 we see that the stock has seen a 1.80%.

McEwen Mining Inc. (NYSE:MUX) 

McEwen Mining Inc. (MUX) traded at an unexpectedly high on Tuesday, posting a 0.95% after which it closed the day’ session at $2.13. The results of the trading session contributed to over 2,393,013 shares changing hands. Shocker? The volume performance for the stock on the day in question is unusually high, especially when matched against average 2.35M. Traders can make of these figures one thing: sentiment in terms of actual shares traded is heating up. Current trading movement for the stock has attracted a bevy of interest from several analysts, most weighing in on the outlook and upside for the stock in one way or another.

What Analysts Are Saying And Expect

The price target set for the stock is $3.58 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move 68.08%. The target price is an amalgamation of differing takes on what the stock will do over time.

Berenberg for instance, initiated the stock on 29/03/2018 whilst Citigroup issued a downgraded the stock on 13/03/2018. BofA/Merrill downgraded coverage for the stock on 08/03/2018 and Bernstein issued a initiated the stock on 21/02/2018. Cowen also reiterated the stock on 20/02/2018.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

Traders seeking a better understanding of the stock can look at the underlying technical data. The stock is up on the following periods of measurement of performance. On a weekly basis, the stock is 1.91%. On a weekly basis, the stock is 1.91%. On a monthly basis the stock is 3.90%. The quarterly performance for the stock is -0.93%, while the half-yearly performance is 10.36%. The stock’s beta is -1.18 whilst the stock has an average true range (ATR) of 0.07.Other technical indicators are worth considering in assessing the prospects for MUX. RSI for instance is currently at 56.40. The stock has seen a uptick on its SMA50 which is now 3.04%. In looking the SMA 200 we see that the stock has seen a -1.90%.

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