• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Bruce Kamich
    • Doug Kass
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing

CF Industries Is a Fertilizer Stock to Consider

Traders interested in CF could go long at current levels.
By BRUCE KAMICH
Feb 02, 2022 | 03:16 PM EST
Stocks quotes in this article: CF, MOS

CF Industries Holdings (CF) is in the business of manufacturing fertilizer. I wrote about the stock way, way back on October 17, 2017 and noted that "Aggressive traders could go long CF at current levels risking a close below $34 looking for gains to $42 and then $50." CF reached our price target a year later but now it has climbed above its 2015 zenith and a fresh look is needed.

 
In this daily bar chart of CF, below, we can see that prices have been in an uptrend the past year. CF is trading above both the rising 50-day and the rising 200-day moving averages. The daily On-Balance-Volume (OBV) line shows a bullish rise to confirm the price action. The Moving Average Convergence Divergence (MACD) oscillator is currently bullish. 
 
 
In this weekly Japanese candlestick chart of CF, below, we see a bullish setup. Prices have tripled over the past two years and are still in a strong uptrend above the rising 40-week moving average line. Both the OBV line and MACD oscillator are bullish.
 
 
In this long-term bar chart of CF, below, we can see that prices have broken out over their 2015 highs.
 
 
In this daily Point and Figure chart of CF, below, we can see a potential upside price target of $88.
 
 
In this weekly Point and Figure chart of CF, below, we used a five box reversal filter and can see a $125 price target.
 
 
Bottom line strategy: Traders could read our review of another fertilizer company Mosaic ( MOS) before deciding on which company to go with. Meanwhile, traders interested in CF could go long at current levels risking to $63. $88 and maybe $125 are our price targets.
Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

Employees of TheStreet are prohibited from trading individual securities.

TAGS: Investing | Stocks | Technical Analysis | Trading | Chemicals | Agriculture

More from Investing

The Market Narrative Shifted on Tuesday, So Here's How to Shift With It

Bob Byrne
Jul 6, 2022 8:30 AM EDT

It officially changed from concern over inflation and interest rates to fear of recession, which is causing a change in where traders position themselves.

Rotation Is Easy, Building Momentum Is Difficult

James "Rev Shark" DePorre
Jul 6, 2022 8:14 AM EDT

This is a skeptical and uncertain market and it is going to take time for fear of missing out to gain traction.

Be Wary of VMware Based on Its Charts

Bruce Kamich
Jul 6, 2022 8:01 AM EDT

The technical signs are suggesting that the shares of the software provider could weaken.

Mass Confusion, Markets, Treasuries, Equities, Trading Chevron, Defense Stocks

Stephen Guilfoyle
Jul 6, 2022 7:33 AM EDT

Key to equity market volatility has been Treasury market, currency market, and commodity market volatility.

Recession-Bound Japan Aided by Weak Yen on Exports

Alex Frew McMillan
Jul 6, 2022 6:22 AM EDT

With the yen testing ¥137 and stubbornly staying above ¥135 to the U.S. dollar, Japanese exporters will benefit from a currency-exchange boon to the bottom line.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 12:01 PM EDT PAUL PRICE

    A Recent Director Buy in Children's Place (PLCE)

    Four of the most recent insider trades in Children...
  • 07:34 AM EDT PAUL PRICE

    A $525,000 Vote of Confidence on Macerich (MAC)

  • 09:49 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Stop Wishing, Hoping, and Praying and Take Control...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2022 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login