Israeli stock alert

ISRAEL

CLOSING UPDATE: Safe-T Group keeps sliding: down 23.7% in 3 days 18 June 2018 18:45 IDT

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).

Safe-T Group, Israel's 24th largest computers company by market capitalisation, extended its slide on Monday, shedding an additional 14.0 agorot (or 8.8%) to trade at NIS1.45. Trading volume was 2.1 times average at the end of the day. The shares have fallen 45.0 agorot (or 23.7%) over the past three trading days vs. the TA-25 Index which has fallen 0.5% in the same period.

Technical indicators complementing today's significant downtrend:

+ The negative 0.02 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the last three months the stock has hit a new 52-week low twenty-one times, pointing to a significant downtrend.

+ The price tumbled 8.0% in the last month.

+ The present value of NIS1,000 invested one year ago is NIS210 [vs NIS1,075 for the TA-25 Index].

Note

Safe-T Group today is at a discount of 81.2% to the 12-month high of NIS7.70 on 28 Jun, 2017. It is at a premium of 21.1% to the 12-month low of NIS1.20 on 11 Jun, 2018.

TODAY'S ALERT

Afternoon Alert: Safe-T Group keeps sliding: down 17.9% in 3 days

18 June 2018 12:10 IDT

Safe-T Group Ltd (TASE:SAFE) extended its slide on Monday, shedding an additional 3.0 agorot (or 1.9%) to trade at NIS1.56. Trading volume was 23% of average so far today. The shares have fallen 34.0 agorot (or 17.9%) over the past three trading days vs. the TA-25 Index which has fallen 0.3% in the same period.

RECENT ALERTS

CLOSING UPDATE: Safe-T Group down 16.3% in 2 days

17 June 2018 18:47 IDT

Safe-T Group, Israel's 22nd largest computers company by market capitalisation, extended its slide on Sunday, shedding an additional 1.0 agorot (or 0.6%) to trade at NIS1.59. Trading volume was 6.6 times average at the end of the day. The shares have fallen 31.0 agorot (or 16.3%) over the past two trading days vs. the TA-25 Index which has risen 0.05% in the same period.

Afternoon Alert: Safe-T Group lifts 2.5% - outperforming 99% of stocks

17 June 2018 14:10 IDT

Safe-T Group Ltd (TASE:SAFE) has lifted 4.0 agorot (or 2.5%) today to trade at NIS1.64 and has outperformed 99% of the market in the past week. A price rise combined with a high relative strength is a bullish signal.

Safe-T Group Ltd (TV:SAFE; TLV:SAFE; TA:SAFE; TA:SAFE; IT:SAFE)

ISIN: IL0010838568

PermID: 4296396346

Source: www.BuySellSignals.com