Russian stock alert
Afternoon Alert: DIXY Group increases 1.5% - outperforming 87% of stocks 16 January 2018 14:08 SAMT
NEWS BITES - BRIC
DIXY Group (MICEX:DIXY) has increased RUB4.90 (or 1.5%) today to trade at RUB326.50 and has outperformed 87% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.
Current indications of bullish signals that support the trend in the unusual trading:
+ The 5.3% discount to 12-month high of RUB344.90 against the 66.2% premium to 12-month low of RUB196.50 suggests the stock continues to push for new highs.
The negative 0.31 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.
The price decreased 0.2% in the last month.
DIXY Group (M:DIXY; MCX:DIXY; MM:DIXY; RM:DIXY)