Egyptian stock alert

EGYPT

Afternoon Alert: Egyptian Arabian Company Themar for Securities Brokerage sinks 4.8% - underperforming 97% of stocks 20 June 2018 12:11 EET

NEWS BITES - MIDDLE EAST & NORTH AFRICA

Egyptian Arabian Company Themar for Securities Brokerage SAE (CA:EASB) has sunk 4.0 qirsh (or 4.8%) today to trade at 79.0 qirsh and has underperformed 97% of the market in the past month.

SECTION 1: The past week

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

1.1 5-day Recap

Egyptian Arabian Company Themar for Securities Brokerage underperformed the EGX 30 index in 2 out of 3 days.

DayHeadlineClose price [EGP]Price change %Relative change %Comment
ThursdayEgyptian Arabian Company Themar for Securities Brokerage trailing 97% of stocks0.790-0.3

Note

DayHeadlineClose price [EGP]Price change %Relative change %Comment
TuesdayEgyptian Arabian Company Themar for Securities Brokerage outperforms 81% of the market0.835.16.2Top Rise
WednesdayEgyptian Arabian Company Themar for Securities Brokerage rises 6.8% from 14-day low0.791.3-0.2

SECTION 2: Technical indicators

Bearish:

The negative 0.06 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are falling - another bearish signal. In the past week, the stock's MACD has been negative in three days, a reinforcing bearish signal.

In the last three months the stock has hit a new 52-week low sixteen times, pointing to a significant downtrend.

The present value of EGP1,000 invested one year ago is LE725 [vs LE1,200 for the EGX 30 Index], for a capital loss of LE275. The total return to shareholders for 1 year is -27.5%.

Note

The stock is at a discount of 41.5% to the 12-month high of LE1.35 on 23 Oct, 2017. It is also at a premium of 6.8% to the 12-month low of 74.0 qirsh on 06 Jun, 2018.

SECTION 3: Ranking

DescriptionValueRank In Market
MCap $US million2.8In Bottom Quartile
52-week Range74.0 qirsh-LE1.35
1-month Range74.0 qirsh-LE1.0
RSI25.6Bullish
Price/MAP2000.72In Bottom 5%

Egyptian Arabian Company Themar for Securities Brokerage SAE (CA:EASB; CAI:EASB; EY:EASB)

ISIN: EGS681D1C010

PermID: 5000089497

Source: www.BuySellSignals.com