Israeli stock alert
Afternoon Alert: Kamada down 2.2% in 2 days 19 August 2018 14:10 IDT
NEWS BITES - MIDDLE EAST & NORTH AFRICA
Kamada Ltd. (TASE:KMDA) extended its slide on Sunday, shedding an additional 34.0 agorot (or 1.7%) to trade at NIS19.97. Trading volume was 52% of average so far today.
Current indications of bearish signals that support the trend in the unusual trading:
+ The price decreased 1.8% in the last month.
Kamada today is at a discount of 9.0% to the 12-month high of NIS21.94 on 05 Aug, 2018. It is at a premium of 34.8% to the 12-month low of NIS14.81 on 29 Aug, 2017.
The stock has outperformed 80% of the Israel market over the past 6 months.
The positive 0.1 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
In the last three months the stock has hit a new 52-week high seven times, pointing to a significant uptrend.
Kamada Ltd. (TV:KMDA; TLV:KMDA; TA:KMDA; TA:KMDA; IT:KMDA)