Israeli stock alert

ISRAEL

CLOSING UPDATE: Eden Energy Discoveries continues significant downtrend, sank 5.3% 26 July 2017 18:13 IDT

NEWS BITES - MIDDLE EAST & NORTH AFRICA

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

Eden Energy Discoveries, Israel's 41st largest investment & holdings company by market capitalisation, continued its significant downtrend and sank 5.0 agorot (or 5.3%) to trade at 90.0 agorot today. Compared with the TA-25 Index which rose 0.2 points (or 0.01%) in the day, this represented a relative price change of -5.3%.

Technical indicators complementing today's significant downtrend:

+ In the Israel market, the stock's relative price strength percentile is slipping at 7 for 6 months, 3 for 3 months and 1 for 1 month.

+ The price sank 5.4% in the last week and plummeted 31.8% in the last month.

Note

Eden Energy Discoveries today is at a discount of 50.0% to the 12-month high of NIS1.80 on 07 Aug, 2016. It is at a premium of 11.1% to the 12-month low of 81.0 agorot on 08 Aug, 2016.

TODAY'S ALERTS

Afternoon Alert: Eden Energy Discoveries keeps sliding: down 14.0% in 3 days

26 July 2017 14:11 IDT

Eden Energy Discoveries Ltd. (TASE:EDN) extended its slide on Wednesday, shedding an additional 3.0 agorot (or 3.2%) to trade at 92.0 agorot. Trading volume was 2.6 times average so far today. The shares have fallen 15.0 agorot (or 14.0%) over the past three trading days vs. the TA-25 Index which has risen 0.1% in the same period.

Afternoon Alert: Eden Energy Discoveries keeps sliding: down 14.0% in 3 days

26 July 2017 12:11 IDT

Eden Energy Discoveries Ltd. (TASE:EDN) extended its slide on Wednesday, shedding an additional 3.0 agorot (or 3.2%) to trade at 92.0 agorot. Trading volume was 3.9 times average so far today. The shares have fallen 15.0 agorot (or 14.0%) over the past three trading days vs. the TA-25 Index which has risen 0.2% in the same period.

Eden Energy Discoveries Ltd. (TV:EDN; TLV:EDN; TA:EDN; TA:EDN; IT:EDN)

ISIN: IL0005560193

PermID: 4295926211

Source: www.BuySellSignals.com