Brazilian stock alert
Afternoon Alert: UNIPAR CARBOCLORO hits 52-week high ninth time in one month 16 January 2018 12:10 BRST
NEWS BITES - BRIC
Unipar Carbocloro SA (SA:UNIP3) hit a 52-week high of R$22.90 today for the ninth time in the past one month and last traded at R$22.88. This brought its four-day rise to R$3.75 or 19.6%. Trading volume was 45% of average so far today.
SECTION 1: The past week
Current indications of bullish signals that support the trend in the unusual trading
1.1 At a glance
Weekly: UNIPAR CARBOCLORO in its biggest weekly gain in 2 months January 15, 2018 18:00 BRST
Unipar Carbocloro SA (SA:UNIP3), Brazil's 5th largest Chemicals company by market cap, has climbed R$3.02 (or 16.1%) in the past week to close at R$21.73. In the past week the shares have climbed 16.1%, the biggest weekly gain since November 17, 2017. Compared with the Brazil Index 50 which rose 63.6 points (or 0.5%) in the week, this represented a relative price increase of 15.7%. This has been propped up by high volume of 1.9 times average for the week. In the past week the market cap has jumped R$84.1 million.
1.2 5-day Recap
UNIPAR CARBOCLORO outperformed the Brazil index 50 in 5 out of 5 days.
|Day||Headline||Close price [BRL]||Price change %||Relative change %||Comment|
|Monday||Four-bagger UNIPAR CARBOCLORO climbs 4.8% on firm volume||21.73||4.8||4.3|
|Friday||Four-bagger UNIPAR CARBOCLORO increases 1.2% on spectacular volume||20.74||1.2||1.1||VI=5.5|
|Thursday||Three-bagger UNIPAR CARBOCLORO jumps 7.2% on robust volume||20.5||7.2||5.7||Top Rise|
|Wednesday||UNIPAR CARBOCLORO hits year-high 6th time in one month||19.13||-0.4||0.5||Steepest Fall|
|Tuesday||UNIPAR CARBOCLORO keeps rising, up 16.7% in 7 days||19.2||2.6||2.9|
SECTION 2: Technical indicators
The positive 1.44 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.
The stock has outperformed 98% of the Brazilian market over the past 6 months.
In the last one month the stock has hit a new 52-week high nine times and in the last three months thirteen times, pointing to a significant uptrend.
The present value of BRL1,000 invested one year ago is R$4,442 [vs R$1,262 for the Brazil Index 50], including a capital gain of R$2,288 and dividend reinvested of R$1,154. The total return to shareholders for 1 year is 344.2%.
The 0.1% discount to 12-month high of R$22.90 against the 239.6% premium to 12-month low of R$6.74 suggests the climb might be peaking.
SECTION 3: Ranking
|Description||Value||Rank In Market|
|Price/MAP200||1.27||In Top Quartile|
|MCap $US million||198.1||In 3rd Quartile|
|52-week Range (in R$)||6.7-22.9|
|1-month Range (in R$)||16.1-22.9|
|Today's Volatility %||5.2||In Bottom 8%|
Unipar Carbocloro SA (SA:UNIP3; SAO:UNIP3; BZ:UNIP3)