South African stock alert

SAFR

CLOSING UPDATE: ISA Holdings lifted 3.9% - outperforming 94% of stocks 21 July 2017 18:57 SAST

NEWS BITES - AFRICA

This is an end of day Alert, produced after today's South African market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

ISA Holdings, South Africa's 7th largest computer services company by market capitalisation, has lifted 6.0c (or 3.9%) today to trade at ZAR1.59 and has outperformed 94% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal. Compared with the FTSE/JSE- Africa Top 40 Index which fell 108.0 points (or 0.2%) in the day, this represented a relative price increase of 4.2%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.01 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last three months the stock has hit a new 52-week high eleven times, pointing to a significant uptrend.

+ The price lifted 2.4% in the last week and 3.7% in the last month.

+ The present value of ZAR1,000 invested one year ago is ZAR1,693 [vs ZAR1,033 for the FTSE/JSE- Africa Top 40 Index].

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 9.5% [1.9%]

Note

Overbought/Bearish:

The 1.2% discount to 12-month high of ZAR1.61 against the 77.9% premium to 12-month low of 89.38c suggests the climb might be peaking.

TODAY'S ALERT

Afternoon Alert: ISA Holdings lifts 3.9% - outperforming 94% of stocks

21 July 2017 12:50 SAST

ISA Holdings Limited (J:ISA) has lifted 6.0c (or 3.9%) today to trade at ZAR1.59 and has outperformed 94% of the market in the past three months. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

CLOSING UPDATE: ISA Holdings hits 52-week high fifth time in one month

18 July 2017 18:58 SAST

ISA Holdings, South Africa's 7th largest computer services company by market capitalisation, hit a 52-week high of ZAR1.71 today for the fifth time in the past one month and last traded at ZAR1.69. Trading volume was 1.1 times average at the end of the day. Compared with the FTSE/JSE- Africa Top 40 Index which fell 205.6 points (or 0.4%) in the day, this represented a relative price change of -0.2%.

Afternoon Alert: ISA Holdings hits 52-week high fifth time in one month

18 July 2017 12:50 SAST

ISA Holdings Limited (J:ISA) hit a 52-week high of ZAR1.71 today for the fifth time in the past one month and last traded at ZAR1.69. Trading volume was 2.1 times average so far today.

ISA Holdings Limited (J:ISA; JNB:ISA; SJ:ISA)

ISIN: ZAE000067344

PermID: 4295889036

Source: www.BuySellSignals.com