Israeli stock alert

ISRAEL

CLOSING UPDATE: Icecure Medical down 28.9% in 2 days 18 January 2018 17:34 IST

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).

Icecure Medical, Israel's 34th largest biomedical company by market capitalisation, extended its slide on Thursday, shedding an additional 16.10 agorot (or 26.3%) to trade at 45.10 agorot. Trading volume was 12.6 times average at the end of the day. The shares have fallen 18.30 agorot (or 28.9%) over the past two trading days vs. the TA-25 Index which has fallen 0.5% in the same period.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 87% of the Israel market over the past 6 months.

+ The price plummeted 29.2% in the last week.

TODAY'S ALERTS

Afternoon Alert: Icecure Medical down 27.3% in 2 days

18 January 2018 13:10 IST

Icecure Medical Ltd (TASE:ICCM) extended its slide on Thursday, shedding an additional 15.10 agorot (or 24.7%) to trade at 46.10 agorot. Trading volume was 6.8 times average so far today. The shares have fallen 17.30 agorot (or 27.3%) over the past two trading days vs. the TA-25 Index which has fallen 0.4% in the same period.

Morning Alert: Icecure Medical down 27.3% in 2 days

18 January 2018 11:11 IST

Icecure Medical Ltd (TASE:ICCM) extended its slide on Thursday, shedding an additional 15.10 agorot (or 24.7%) to trade at 46.10 agorot. Trading volume was 7.0 times average so far today. The shares have fallen 17.30 agorot (or 27.3%) over the past two trading days vs. the TA-25 Index which has fallen 0.4% in the same period.

RECENT ALERTS

CLOSING UPDATE: Icecure Medical inches higher, resistance at 12-day EMA

15 January 2018 17:12 IST

Icecure Medical, Israel's 30th largest biomedical company by market capitalisation, has lifted 3.6% but fell short of the 12-day Exponential Moving Average [EMA] of 63.22 agorot. Compared with the TA-25 Index which fell 1.4 points (or 0.09%) in the day, this represented a relative price increase of 3.7%.

Afternoon Alert: Icecure Medical inches higher, resistance at 12-day EMA

15 January 2018 13:11 IST

Icecure Medical Ltd (TASE:ICCM) has lifted 3.6% but fell short of the 12-day Exponential Moving Average [EMA] of 63.22 agorot.

Icecure Medical Ltd (TV:ICCM; TLV:ICCM; TA:ICCM; TA:ICCM; IT:ICCM)

ISIN: IL0011224156

PermID: 4297906473

Source: www.BuySellSignals.com