Russian stock alert

RUSS

CLOSING UPDATE: Tatneft hits 52-week high fifth time in one month 19 January 2018 19:43 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).

Tatneft, Russia's 5th largest oil & gas company by market capitalisation, hit a 52-week high of RUB569.80 today for the fifth time in the past one month and last traded at RUB555.35. Trading volume was 1.5 times average at the end of the day. Compared with the MOEX Russia Index which fell 7.2 points (or 0.3%) in the day, this represented a relative price change of -0.5%.

Technical indicators complementing today's significant uptrend:

+ The positive 16.57 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.5% discount to 12-month high of RUB569.80 against the 72.6% premium to 12-month low of RUB321.80 suggests the stock continues to push for new highs.

+ The stock has outperformed 84% of the Russian market over the past 6 months.

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

TODAY'S ALERTS

Afternoon Alert: Tatneft decreases 0.7% on robust volume

19 January 2018 14:06 SAMT

Tatneft (MICEX:TATN) traded on heavy volume of 1.6 times average so far today while the price decreased RUB3.70 (or 0.7%) to trade at RUB556.0.

Morning Alert: Tatneft increases 0.8% on high volume

19 January 2018 11:38 SAMT

Tatneft (MICEX:TATN) traded on heavy volume of 2.4 times average so far today while the price increased RUB4.40 (or 0.8%) to trade at RUB564.10.

RECENT ALERTS

CLOSING UPDATE: Tatneft hits 52-week high fourth time in one month

18 January 2018 19:43 SAMT

Tatneft, Russia's 5th largest oil & gas company by market capitalisation, hit a 52-week high of RUB560.0 today for the fourth time in the past one month and last traded at RUB559.70. This brought its five-day rise to RUB51.15 or 10.1%. Trading volume was 1.3 times average at the end of the day. Compared with the MOEX Russia Index which rose 20.8 points (or 0.9%) in the day, this represented a relative price increase of 2.5%.

Afternoon Alert: Tatneft increases 1.3%

18 January 2018 14:06 SAMT

Tatneft (MICEX:TATN) traded on volume of 1.0 times average so far today while the price increased RUB6.90 (or 1.3%) to trade at RUB548.35.

Tatneft (M:TATN; MCX:TATN; MM:TATN; RM:TATN)

ISIN: RU0009033591

PermID: 4295887079

Source: www.BuySellSignals.com