Brazilian stock alert

BRAZ

CLOSING UPDATE: Springs Global Participacoes increased further 1.7% - outperforming 95% of stocks 21 July 2017 17:33 BRT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Springs Global Participacoes, Brazil's 2nd largest textiles company by market capitalisation, has climbed 51.0 centavos (or 4.9%) today to trade at R$10.90 and has outperformed 95% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the Brazil Index 50 which fell 45.2 points (or 0.4%) in the day, this represented a relative price increase of 5.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.16 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

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

+ The price jumped 9.9% in the last week and soared 14.1% in the last month.

+ The present value of BRL1,000 invested one year ago is R$3,036 [vs R$1,139 for the Brazil Index 50].

Note

Springs Global Participacoes today is at a discount of 6.8% to the 12-month high of R$11.70 on 11 May, 2017. It is at a premium of 213.2% to the 12-month low of R$3.48 on 14 Nov, 2016.

TODAY'S ALERTS

Afternoon Alert: Springs Global Participacoes lifts 3.2% - outperforming 93% of stocks

21 July 2017 13:08 BRT

Springs Global Participacoes SA (SA:SGPS3) has lifted 33.0 centavos (or 3.2%) today to trade at R$10.72 and has outperformed 93% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Morning Alert: Springs Global Participacoes increases 1.7% - outperforming 92% of stocks

21 July 2017 11:10 BRT

Springs Global Participacoes SA (SA:SGPS3) has increased 18.0 centavos (or 1.7%) today to trade at R$10.57 and has outperformed 92% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

RECENT ALERTS

Afternoon Alert: Springs Global Participacoes lifts 3.0% - outperforming 98% of stocks

20 July 2017 13:08 BRT

Springs Global Participacoes SA (SA:SGPS3) has lifted 30.0 centavos (or 3.0%) today to trade at R$10.28 and has outperformed 98% of the market in the past one year. The present value of BRL1,000 invested one year ago is R$2,793 [vs R$1,145 for the Brazil Index 50], for a capital gain of R$1,793.

Morning Alert: Springs Global Participacoes lifts 2.5% - outperforming 98% of stocks

20 July 2017 11:10 BRT

Springs Global Participacoes SA (SA:SGPS3) has lifted 25.0 centavos (or 2.5%) today to trade at R$10.23 and has outperformed 98% of the market in the past one year. The present value of BRL1,000 invested one year ago is R$2,780 [vs R$1,150 for the Brazil Index 50], for a capital gain of R$1,780.

Springs Global Participacoes SA (SA:SGPS3; SAO:SGPS3; BZ:SGPS3)

ISIN: BRSGPSACNOR4

PermID: 4295860301

Source: www.BuySellSignals.com