Russian stock alert

RUSS

CLOSING UPDATE: Gazprom Neft lifts further 2.7% on strong volume 18 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).

Gazprom Neft, Russia's 6th largest oil & gas company by market capitalisation, traded on heavy volume of 3.1 times average today while the price lifted RUB10.20 (or 3.9%) to trade at RUB269.90. Compared with the MOEX Russia Index which rose 20.8 points (or 0.9%) in the day, this represented a relative price increase of 3.0%.

Technical indicators complementing today's significant uptrend:

+ The positive 3.47 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The stock has outperformed 81% of the Russian market over the past 6 months.

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

+ The price climbed 5.6% in the last week and jumped 8.0% in the last month.

Note

Overbought/Bearish:

The 0.4% discount to 12-month high of RUB271.0 against the 50.1% premium to 12-month low of RUB179.75 suggests the climb might be peaking.

TODAY'S ALERTS

Afternoon Alert: Gazprom Neft increases 1.2% on robust volume

18 January 2018 14:06 SAMT

Gazprom Neft (MICEX:SIBN) traded on heavy volume of 1.4 times average so far today while the price increased RUB3.20 (or 1.2%) to trade at RUB262.90.

Morning Alert: Gazprom Neft increases 1.9%

18 January 2018 11:38 SAMT

Gazprom Neft (MICEX:SIBN) traded on volume of 0.7 times average so far today while the price increased RUB5.0 (or 1.9%) to trade at RUB264.70.

RECENT ALERTS

CLOSING UPDATE: Gazprom Neft increases further 0.1%

17 January 2018 19:45 SAMT

Gazprom Neft, Russia's 6th largest oil & gas company by market capitalisation, traded on volume of 1.0 times average today while the price increased 60.0 Kopeck (or 0.2%) to trade at RUB259.70. Compared with the MOEX Russia Index which rose 20.6 points (or 0.9%) in the day, this represented a relative price change of -0.7%.

Afternoon Alert: Gazprom Neft increases 0.1%

17 January 2018 14:06 SAMT

Gazprom Neft (MICEX:SIBN) traded on volume of 0.6 times average so far today while the price increased 30.0 Kopeck (or 0.1%) to trade at RUB259.40.

Gazprom Neft (M:SIBN; MCX:SIBN; MM:SIBN; RM:SIBN)

ISIN: RU0009062467

PermID: 4295887091

Source: www.BuySellSignals.com