German stock alert
Afternoon Alert: Arcandor accelerates slide, now down 13.3% in 2 days 20 October 2017 13:16 CEST
NEWS BITES - EUROPE
Arcandor Ag (ETR:ARO) is down 0.20c (or 13.3%) over the past two trading days. After falling 6.7% on Thursday, the stock fell 7.1% on Friday to trade at 1.30c vs. the DAX Index that is down 0.1% in the same period.
Current indications of bearish signals that support the trend in the unusual trading:
+ In the Xetra market, the stock's relative price strength percentile is slipping at 13 for 6 months, 10 for 3 months and 1 for 1 month.
+ In the last three months the stock has hit a new 52-week low twice.
+ The price plummeted 13.3% in the last week and 31.6% in the last month.
+ The present value of EUR1,000 invested one year ago is EUR650 [vs EUR1,217 for the DAX Index].
Arcandor today is at a discount of 48.0% to the 12-month high of 2.50c on 07 Sep, 2017. It is at a premium of 85.7% to the 12-month low of 0.70c on 02 Aug, 2017.
In the last three months the stock has hit a new 52-week high once.
Arcandor Ag (DE:ARO; ETR:ARO; GR:ARO)