SIGNET JEWELERS LTD (SIG) Stock Technical Analysis
NYSE:SIG - New York Stock Exchange, Inc. - BMG812761002 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to SIG. Recently some decent action could be observed, but in the medium term time frame this is still negative. SIG was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SIG is a bad performer in the overall market: 67% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SIG has an average volume of 1300900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SIG is an average performer in the Specialty Retail industry, it outperforms 63% of 120 stocks in the same industry.
SIG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIG is lagging the market slightly.
In the last month SIG has a been trading in the 59.90 - 71.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SIG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 63.07, a Stop Loss order could be placed below this zone.
More info and screens
58.88
96.11
2 important support areas can be observed.
- A support zone ranging from 61.96 to 63.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.47 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @66.58 from a horizontal line in the weekly time frame.
- Resistance @68.03 from a trend line in the daily time frame.
- Resistance @69.82 from a horizontal line in the daily time frame.
- Resistance @95.16 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SIG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIG is up. |
| ChartMill Relative Strength | 33.31 | NEUTRAL | SIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.76 | NEUTRAL | The RSI value for SIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.51 | NEUTRAL | The Stochastics value for SIG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SIG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for SIG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
66.57
-0.32 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.48%
1 Week3.66%
2 Weeks-0.69%
1 Month11.27%
3 Month27.24%
6 Month-33.56%
12 Month-39.2%
2 Year4.85%
3 Year11.69%
5 Year531%
10 Year-48.53%
15 Year114.4%
Volatility
ATR(14)2.65
ATR(20)%3.79%
ATR Inc-35.17%
Range Today1.8
ADR(20)2.04
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.31
Mansfield-1.62
10 Day High68
10 Day Low61.92
20 Day High71.87
20 Day Low59.9
52 Week High112.06
52 Week Low45.55
CS1 End63.07
CR1 Start66.58
Volume & EV
DER(3)-3.31%
DER(5)-1.11%
Volume1.22M
Volume Incr8.5%
Vol(5)1.01M
Vol(50)1.30M