German stock alert

GFR

Afternoon Alert: Allianz increases 0.5%, leads Insurance sector higher 20 October 2017 13:16 CEST

NEWS BITES - EUROPE

Allianz (ETR:ALV) has increased 0.5% to trade at EUR196.90 vs. the Insurance sector which strengthened 22.0 points (or 0.2%) to 11,837.8. Representing a weighting of about 13.0% of the sector, the stock accounted for 33.1% of today's gain.

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

+ The positive 3.15 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Xetra market, the stock's relative price strength percentile is improving at 68 for 6 months, 71 for 3 months and 80 for 1 month.

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

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Dividend yield of 3.9% [0.7%]

+ Return on Equity 10.2% [8.4%]

+ Price/Earnings of 10.8 [12.2]

Other Bullish Signals include:

+ The Brand Value represents an impressive 8.6% of the estimated Enterprise Value of EUR123.8 billion (US$146.7 billion).

+ Revenue growth rate has shown signs of recovery in recent years.

Note

Overbought/Bearish:

The 0.1% discount to 12-month high of EUR197.20 against the 45.4% premium to 12-month low of EUR135.45 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Return on Assets 0.8% [1.1%]

Price to Book of 1.6 [1.3]

Allianz (DE:ALV; ETR:ALV; GR:ALV)

ISIN: DE0008404005

PermID: 4295870171

Source: www.BuySellSignals.com