Israeli stock alert
Afternoon Alert: Allium Medical Solutions continues significant uptrend, increases 0.8% 17 October 2017 14:10 IDT
NEWS BITES - MIDDLE EAST & NORTH AFRICA
Allium Medical Solutions Ltd. (TASE:ALMD) continued its significant uptrend and increased 0.90 agorot (or 0.8%) to trade at NIS1.21 today.
Current indications of bullish signals that support the trend in the unusual trading:
+ The positive 0.06 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ In the Israel market, the stock's relative price strength percentile is improving at 62 for 6 months, 76 for 3 months and 91 for 1 month.
Allium Medical Solutions today is at a discount of 13.8% to the 12-month high of NIS1.40 on 08 Nov, 2016. It is at a premium of 71.0% to the 12-month low of 70.70 agorot on 10 Aug, 2017.
In the last three months the stock has hit a new 52-week low twelve times, pointing to a significant downtrend.
Allium Medical Solutions Ltd. (TV:ALMD; TLV:ALMD; TA:ALMD; TA:ALMD; IT:ALMD)