Egyptian stock alert

EGYPT

CLOSING UPDATE: Atlas For Land Reclamation and Agricultural Proccssing continues significant uptrend, decreased gains by 0.5% 20 July 2017 15:05 EET

NEWS BITES - MIDDLE EAST & NORTH AFRICA

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

Atlas For Land Reclamation and Agricultural Proccssing continued its significant uptrend and climbed 44.0 qirsh (or 4.8%) to trade at LE9.65 today. Compared with the EGX 30 Index which rose 7.9 points (or 0.06%) in the day, this represented a relative price increase of 4.7%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.28 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the Egyptian market, the stock's relative price strength percentile is improving at 55 for 6 months, 70 for 3 months and 91 for 1 month.

+ The price soared 14.3% in the last week and 23.7% in the last month.

Note

Atlas For Land Reclamation and Agricultural Proccssing today is at a discount of 6.8% to the 12-month high of LE10.36 on 28 Dec, 2016. It is at a premium of 76.7% to the 12-month low of LE5.46 on 19 Oct, 2016.

TODAY'S ALERT

Afternoon Alert: Atlas For Land Reclamation and Agricultural Proccssing continues significant uptrend, climbs 5.3%

20 July 2017 12:15 EET

Atlas For Land Reclamation and Agricultural Proccssing (CA:ALRA) continued its significant uptrend and climbed 49.0 qirsh (or 5.3%) to trade at LE9.70 today.

RECENT ALERTS

CLOSING UPDATE: Atlas For Land Reclamation and Agricultural Proccssing decreased gains by 1.1% - outperforming 83% of stocks

16 July 2017 15:05 EET

Atlas For Land Reclamation and Agricultural Proccssing has lifted 26.0 qirsh (or 3.1%) today to trade at LE8.70 and has outperformed 83% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the EGX 30 Index which fell 6.8 points (or 0.05%) in the day, this represented a relative price increase of 3.1%.

Afternoon Alert: Atlas For Land Reclamation and Agricultural Proccssing climbs 4.3% - outperforming 91% of stocks

16 July 2017 12:11 EET

Atlas For Land Reclamation and Agricultural Proccssing (CA:ALRA) has climbed 36.0 qirsh (or 4.3%) today to trade at LE8.80 and has outperformed 91% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Atlas For Land Reclamation and Agricultural Proccssing (CA:ALRA; CAI:ALRA; EY:ALRA)

ISIN: EGS071L1C018

PermID: 5037847496

Source: www.BuySellSignals.com