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Morning Alert: Sberbank of Russia increases 0.3%, leads Bank sector higher 18 October 2017 11:38 SAMT

NEWS BITES - BRIC

Sberbank of Russia (MICEX:SBER) has increased 0.3% to trade at RUB197.55 vs. the Bank sector which strengthened 1.6 points (or 0.3%) to 603.6. Representing a weighting of about 91.0% of the sector, the stock accounted for 94.1% of today's gain. Trading volume was 48% of average so far today.

SECTION 1: The past week

Current indications of bullish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: Sberbank of Russia rises for a second consecutive week, a two-week rise of 2.2% October 17, 2017 18:00 SAMT

Sberbank of Russia (MICEX:SBER) has risen RUB3.53 (or 1.8%) to close at RUB197.0. The stock rose for a second consecutive week on Tuesday bringing its two-week rise to RUB4.32 or 2.2%. Compared with the MICEX Index which rose 17.3 points (or 0.8%) in the two weeks, this represented a relative price increase of 1.4%. The volume was 0.6 times average trading per week of 261.7 million shares. In the past two weeks the market cap has risen RUB93.3 billion.

1.2 5-day Recap

Sberbank of Russia outperformed the MICEX Index in 4 out of 5 days.

DayHeadlineClose price [RUB]Price change %Relative change %Comment
MondaySberbank of Russia hits year-high 10th time in three months197.90.70.2
FridaySberbank of Russia hits year-high196.540.50.5
ThursdaySberbank of Russia hits year-high 8th time in three months195.52-0.3-0.03
WednesdaySberbank of Russia hits year-high196.081.31.1Top Rise

Note

DayHeadlineClose price [RUB]Price change %Relative change %Comment
TuesdaySberbank of Russia decreases197.0-0.50.2Steepest Fall

SECTION 2: Technical indicators

Bullish:

The positive 3.33 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.

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

The price increased 0.7% in the last week and climbed 5.2% in the last month.

The present value of RUB1,000 invested one year ago is RUB1,336 [vs RUB1,065 for the MICEX Index], for a capital gain of RUB336. The total return to shareholders for 1 year is 33.5%.

Note

Overbought/Bearish:

The 0.5% discount to 12-month high of RUB198.52 against the 45.0% premium to 12-month low of RUB136.20 suggests the climb might be peaking.

SECTION 3: Ranking

DescriptionValueRank In Market
MCap $US billion73.8In Top 2%
Price/MAP2001.17In Top 10%
Today's Volatility %0.4In Top Quartile
52-week Range (in RUB)136.2-198.5
1-month Range (in RUB)182.7-198.5
RSI71.7Bearish
Stochastic-0.5Bearish

Sberbank of Russia (M:SBER; MCX:SBER; MM:SBER; RM:SBER)

ISIN: RU0009029540

PermID: 5000036115

Source: www.BuySellSignals.com