Israeli stock alert

ISRAEL

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.

Note

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.

Bearish Signals:

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)

ISIN: IL0011014508

PermID: 4296189315

Source: www.BuySellSignals.com