Russian stock alert

RUSS

CLOSING UPDATE: Gazprom decreased 0.9% - underperforming 91% of stocks 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).

Gazprom, Russia's 2nd largest oil & gas company by market capitalisation, has decreased RUB1.11 (or 0.9%) today to trade at RUB118.95 and has underperformed 91% of the market in the past week. Compared with the MICEX Index which fell 15.7 points (or 0.8%) in the day, this represented a relative price change of -0.1%.

Technical indicators complementing today's significant downtrend:

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

+ The price sank 5.1% in the last week.

Note

Gazprom today is at a discount of 25.9% to the 12-month high of RUB160.62 on 14 Dec, 2016. It is at a premium of 6.7% to the 12-month low of RUB111.46 on 15 Jun, 2017.

Bullish Signals:

The positive 0.1 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

TODAY'S ALERTS

Afternoon Alert: Gazprom decreases 0.1%

21 July 2017 14:09 SAMT

Gazprom (MICEX:GAZP) traded on volume of 0.7 times average so far today while the price decreased 13.0 Kopeck (or 0.1%) to trade at RUB119.93.

Morning Alert: Gazprom decreases 0.3%

21 July 2017 11:38 SAMT

Gazprom (MICEX:GAZP) traded on volume of 0.5 times average so far today while the price decreased 35.0 Kopeck (or 0.3%) to trade at RUB119.71.

RECENT ALERTS

Afternoon Alert: Gazprom increases 0.6%

20 July 2017 14:07 SAMT

Gazprom (MICEX:GAZP) traded on volume of 0.7 times average so far today while the price increased 73.0 Kopeck (or 0.6%) to trade at RUB120.63.

Morning Alert: Gazprom increases 0.4%

20 July 2017 11:38 SAMT

Gazprom (MICEX:GAZP) traded on volume of 0.9 times average so far today while the price increased 42.0 Kopeck (or 0.4%) to trade at RUB120.32.

Gazprom (M:GAZP; MCX:GAZP; MM:GAZP; RM:GAZP)

ISIN: RU0007661625

PermID: 4295887074

Source: www.BuySellSignals.com