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Syngenta Makes a Move: Down 1.8%

Published on Thu, 03/21/2013 - 10:20
By Robert Cotter

One of today's notable stocks in decline is Syngenta (NYSE:SYT), down 1.8% to $84.22. The S&P is trading lower by 0.5% to 1,551 and the Dow is trading 0.5% lower to 14,437.

Based on a current price of $84.22, Syngenta is currently 4.9% above its average consensus analyst price target of $80.10. The stock should find resistance at its 50-day moving average (MA) of $85.34, as well as support at its 200-day MA of $75.56.

In the past 52 weeks, Syngenta share prices have been bracketed by a low of $61.47 and a high of $87.73 and are now at $84.22, 37% above that low price. The 200-day and 50-day moving averages have moved 0.41% higher and 0.35% higher over the past week, respectively.

Syngenta AG produces crop protection products and seeds. The Company produces herbicides, insecticides and fungicides, and seeds for field crops, vegetables, and flowers.

By Robert Cotter
rcotter@fnno.com

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