Russian stock alert

RUSS

CLOSING UPDATE: Vtorresursy increased further 0.5% on spectacular volume 21 July 2017 19:44 SAMT

NEWS BITES - BRIC

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

Vtorresursy, Russia's 7th largest industrial company by market capitalisation, traded on heavy volume of 5.1 times average today while the price soared 12.50 Kopeck (or 14.0%) to trade at RUB1.01. Compared with the MICEX Index which fell 15.7 points (or 0.8%) in the day, this represented a relative price increase of 14.9%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.13 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Russian market, the stock's relative price strength percentile is rising at 98 for 6 months, 98 for 3 months and 99 for 1 month.

+ The price soared 22.3% in the last week and 101.0% in the last month.

Note

Vtorresursy today is at a discount of 54.3% to the 12-month high of RUB2.22 on 14 Sep, 2016. It is at a premium of 136.1% to the 12-month low of 43.0 Kopeck on 15 May, 2017.

Bearish Signals:

In the last three months the stock has hit a new 52-week low six times, pointing to a downtrend.

The present value of RUB1,000 invested one year ago is RUB479 [vs RUB1,000 for the MICEX Index].

TODAY'S ALERTS

Afternoon Alert: Vtorresursy soars 13.5% on high volume

21 July 2017 14:09 SAMT

Vtorresursy (MICEX:VTRS) traded on heavy volume of 2.4 times average so far today while the price soared 12.0 Kopeck (or 13.5%) to trade at RUB1.01.

Morning Alert: Vtorresursy soars 11.2% on firm volume

21 July 2017 11:38 SAMT

Vtorresursy (MICEX:VTRS) traded on heavy volume of 1.2 times average so far today while the price soared 10.0 Kopeck (or 11.2%) to trade at 99.0 Kopeck.

RECENT ALERTS

Morning Alert: Vtorresursy continues significant uptrend, lifts 2.2%

20 July 2017 11:38 SAMT

Vtorresursy (MICEX:VTRS) continued its significant uptrend and lifted 2.0 Kopeck (or 2.2%) to trade at 94.50 Kopeck today.

CLOSING UPDATE: Vtorresursy soared 15.6% on extraordinary volume

19 July 2017 19:45 SAMT

Vtorresursy, Russia's 8th largest industrial company by market capitalisation, traded on heavy volume of 3.6 times average today while the price soared 12.50 Kopeck (or 15.6%) to trade at 92.50 Kopeck. Compared with the MICEX Index which rose 1.4 points (or 0.07%) in the day, this represented a relative price increase of 15.6%.

Vtorresursy (M:VTRS; MCX:VTRS; MM:VTRS; RM:VTRS)

ISIN: RU000A0JS9K8

PermID: 4298408224

Source: www.BuySellSignals.com