Italian stock alert
Afternoon Alert: Digitouch continues significant downtrend, decreases 1.6% 25 July 2017 14:06 CEST
NEWS BITES - EUROPE
Digitouch SpA (MI:DGT) continued its significant downtrend and decreased 2.0c (or 1.6%) to trade at EUR1.20 today.
Current indications of bearish signals that support the trend in the unusual trading:
+ The negative 0.04 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.
+ The stock has underperformed 92% of the Italian market over the past 6 months.
+ The price sank 5.5% in the last week and plummeted 10.4% in the last month.
Digitouch today is at a discount of 30.2% to the 12-month high of EUR1.72 on 30 Mar, 2017. It is at a premium of 22.9% to the 12-month low of 97.65c on 21 Nov, 2016.
Digitouch SpA (MI:DGT; BIT:DGT; IM:DGT)