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Nutrien (NTR) closed 2025/09/25 at a 1.49% decline with $0.47 billion in trading volume, marking a 32.22% surge from the previous day’s activity and securing the 244th position in market liquidity rankings. The stock’s performance followed a mixed session influenced by sector-specific dynamics and macroeconomic factors.
Analysts attributed the downward pressure to evolving fertilizer demand patterns in key export markets, particularly in Asia-Pacific regions where pricing pressures persist. While North American crop production cycles remain stable, elevated global inventory levels and speculative positioning in commodity derivatives have created short-term volatility. Institutional investors appear to be recalibrating exposure amid tightening margin constraints in the agronomy sector.
Technical indicators show the stock testing critical support levels near its 50-day moving average, with volume distribution suggesting mixed conviction among market participants. Short-term traders are monitoring open interest in
futures contracts for directional clues, while longer-term investors remain focused on the company’s 2026 production expansion timelines.To run this back-test accurately I need to clarify a few practical details and make sure the simulation matches the way you would actually trade: 1. Stock universe • Should we limit the universe to U.S. listed common stocks (NYSE + NASDAQ + Amex) or include ADRs / foreign listings as well? • Do you want to exclude ETFs, preferred shares, SPACs, etc.? 2. Selection & weighting • Are the “top 500” chosen by that day’s dollar trading volume or by share turnover? • Should the portfolio be equal-weighted across the 500 names each day, or weighted by (for example) inverse volatility, volume-weight, etc.? 3. Pricing convention • Enter at each day’s close and exit at the next day’s close (close-to-close), or use the next day’s open for exit? • Any transaction-cost assumption you’d like applied? (commission + slippage) 4. Benchmark (optional) • Would you like the strategy compared against SPY or another benchmark index? Once I have these details I can generate the trading signals and run the back-test from 2022-01-01 through today.

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