Spanish stock alert

SPAIN

Morning Alert: Pescanova keeps sliding: down 8.6% in 5 days 25 July 2017 11:39 CEST

NEWS BITES - EUROPE

Pescanova, S.A. (MA:PVA) extended its slide on Tuesday, shedding an additional 2.30c (or 1.6%) to trade at EUR1.44. Trading volume was 78% of average so far today.

SECTION 1: The past week

Current indications of bearish signals that support the trend in the unusual trading

1.1 At a glance

Weekly: Pescanova falls for a second consecutive week, a two-week fall of 18.8% July 24, 2017 17:30 CEST

Pescanova, S.A. (MA:PVA) has fallen 11.0c (or 7.0%) to close at EUR1.46. The stock fell for a second consecutive week on Monday bringing its two-week fall to 33.90c or 18.8%. Compared with the IBEX 35 Index which fell 63.0 points (or 0.6%) in the two weeks, this represented a relative price change of -18.2%. The volume was 0.4 times average trading per week of 6.5 million shares. In the past two weeks the market cap has slumped EUR9.7 million.

1.2 5-day Recap

Pescanova underperformed the IBEX35 index in 3 out of 5 days.

DayHeadlineClose price [EUR]Price change %Relative change %Comment
MondayPescanova in its biggest weekly loss in 3 weeks1.46-3.3-3.5Steepest Fall
FridayPescanova price 18.2% below VWP1.51-0.70.2
ThursdayPescanova continues significant downtrend; decreases 2.0%1.52-2.0-1.9
WednesdayPescanova in its biggest weekly loss in 3 weeks1.55-1.3-1.9

Note

DayHeadlineClose price [EUR]Price change %Relative change %Comment
TuesdayPescanova increases1.570.21.4Top Rise

SECTION 2: Technical indicators

Bearish:

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

The price plummeted 14.9% in the last month.

Note

The stock is at a discount of 57.4% to the 12-month high of EUR3.38 on 13 Jun, 2017. It is also at a premium of 927.1% to the 12-month low of 14.0c on 08 Jun, 2017.

Bullish:

The positive 0.02 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.

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

SECTION 3: Ranking

DescriptionValueRank In Market
MCap $US million48.1In Bottom 5%
52-week Range14.0c-EUR3.38
1-month Range (in EUR)1.2-2.1
Williams %R-86.9Bullish
Today's Volatility %5.3In Bottom Quartile

Pescanova, S.A. (MA:PVA; MCE:PVA; MC:PVA; SM:PVA)

ISIN: ES0169350016

PermID: 5000010872

Source: www.BuySellSignals.com