German stock alert

GFR

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].

Note

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.

Bullish Signals:

In the last three months the stock has hit a new 52-week high once.

Arcandor Ag (DE:ARO; ETR:ARO; GR:ARO)

ISIN: DE0006275001

PermID: 4295868953

Source: www.BuySellSignals.com