Israeli stock alert
Morning Alert: Levinstein Properties climbs 4.1% - outperforming 88% of stocks 21 January 2018 11:10 IST
NEWS BITES - MIDDLE EAST & NORTH AFRICA
Levinstein Properties Ltd. (TASE:LVPR) has climbed NIS2.95 (or 4.1%) today to trade at NIS74.60 and has outperformed 88% of the market in the past six months. A price rise combined with a high relative strength is a bullish signal.
SECTION 1: Technical indicators
The positive 0.97 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 3.8% discount to 12-month high of NIS77.55 against the 66.2% premium to 12-month low of NIS44.89 suggests the stock continues to push for new highs.
In the last three months the stock has hit a new 52-week high seven times, pointing to a significant uptrend.
The price increased 0.8% in the last week and jumped 8.6% in the last month.
The present value of NIS1,000 invested one year ago is NIS1,540 [vs NIS1,081 for the TA-25 Index], including a capital gain of NIS506 and dividend reinvested of NIS34. The total return to shareholders for 1 year is 54.0%.
SECTION 2: Ranking
|Description||Value||Rank In Market|
|Price/MAP200||1.2||In Top 8%|
|MCap $US million||314.4||In 2nd Quartile|
|52-week Range (in NIS)||44.9-77.5|
|1-month Range (in NIS)||66.4-75.6|
|Today's Volatility %||3.0||In Bottom Quartile|
Levinstein Properties Ltd. (TV:LVPR; TLV:LVPR; TA:LVPR; TA:LVPR; IT:LVPR)