Cementir traded between an intraday low of €6.35 and a high of €6.41. The share price rose 11.0 €cents (1.8 per cent) to €6.41, ending a two-day streak of losses. Compared with the MIBTEL Index which rose 494.0 points (or 1.7 per cent) on the day, this represented a relative price change of 0.1 per cent.
PRICE VOLUME DYNAMICS
MAP: The price to 200-day MAP ratio is 0.7, a bearish indicator. In the past 200 days this ratio has been under 0.7 just nine times suggesting a support level. The stock is trading below both its MAPs and the 50-day MAP of €6.93 is lower than the 200-day MAP of €9.10, a bearish indicator. The 200-day MAP has decreased to €9.10. A decrease is another bearish indicator. In the last three months the number of falls outnumbered rises 38:23 or 1.7:1.
Relativities: Since open its percentile rank in the Italian market was 66.3. In the Italian market of 345 stocks, the stock has a 6-month relative strength of 11 indicating it is trailing 89 per cent of the market.
Volume and Turnover Period: There were 1,050 shares worth €6,731 (US$9,833.5) traded. The volume was 0.003 times average trading of 395,542 shares.
Price Dynamics: The last price is at a discount of 44.9 per cent to the 12-month high of €11.6 and a premium of 12.3 per cent to the 12-month low of €5.7.