Syngenta Makes a Move: Down 1.8%

Published on Mon, 06/01/2015 - 11:39
By Robert Cotter in Market movers, SYT, market movers, nyse:syt, syngenta

Syngenta (NYSE:SYT) is a company whose shares are active, trading 1.8% lower to $89.38. The Dow Jones Industrial Average is now trading fractionally higher to 18,042 and the S&P is trading fractionally higher to 2,110.

Syngenta (NYSE:SYT) is currently priced 24.6% above its average consensus analyst price target of $67.40. The stock should find initial support at its 50-day moving average (MA) of $75.59 and further support at its 200-day MA of $68.32.

Over the past year, Syngenta has traded in a range of $58.72 to $94.97 and is now at $89.38, 52% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.6% while the 200-day MA has risen 0.6%.

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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