CMP - Compass Minerals Intl Inc Commo
  |
Compass Minerals International, Inc. is a producer of minerals, including salt, sulfate of potash specialty fertilizer and magnesium chloride. As of December 31, 2008, the Company operated 10 production and packaging facilities, including the rock salt mine in Goderich, Ontario and a salt mine in the United Kingdom in Winsford, Cheshire. Its product lines include salt and sulfate of potash, and it operates a records management business. These products are used for highway deicing, dust control, consumer deicing, water conditioning, consumer and industrial food preparation, agricultural and industrial applications. It is a producer of sulfate of potash, which is used in the production of specialty fertilizers for high-value crops and turf. In the United Kingdom, the Company operates a records management business utilizing excavated areas of its Winsford salt mine with two other locations in London, England. In April 2009, the Company acquired the salt business of Cutler-Magner Company.
The Aroon technical indicator is quite new and was developed by Tushar Chande in 1995. Similar to the MACD, it is used for identifying trends in an underlying security and tries to determine what the chances are that the trends will reverse. The indicator is made up of two lines: The first line is called the Aroon Up, which measures the strength of the uptrend. The second line is called the Aroon Down, and it conversely measures the strength of a downtrend. The Aroon indicator reports the time it is taking for the price to reach the highest or lowest points over a given period of time, each reported as a percentage of total time. The Aroon up as well as the Aroon Down fluctuate between zero and 100, and values close to 100 indicate a very strong trend, while zero indicates a weak trend. The main assumption underlying this indicator is that a stock's price will close at record highs in an uptrend, and record lows in a downtrend.
bgamall
TVN_Patrick
DontTakeLosses
Reply!
Retweet!