SIGNET JEWELERS LTD (SIG)
BMG812761002 - Common Stock
We assign a technical rating of 6 out of 10 to SIG. In the last year, SIG was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SIG is part of the Specialty Retail industry. There are 126 other stocks in this industry. SIG outperforms 76% of them.
SIG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SIG is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that SIG is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month SIG has a been trading in the 93.25 - 109.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SIG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 99.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
60.86
108.78
4 important support areas can be observed.
- A support zone ranging from 95.63 to 99.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.00 to 91.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @77.90 from a trend line in the weekly time frame.
- Support @61.47 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 107.26 to 107.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.35
Mansfield1.12
10 Day High102.28
10 Day Low93.26
20 Day High109.17
20 Day Low93.26
52 Week High109.17
52 Week Low57.1
Performance
1 Week6.63%
2 Weeks6.3%
1 Month1.73%
3 Month1.92%
6 Month50.32%
12 Month38.35%
2 Year45.01%
3 Year70.38%
5 Year339.17%
10 Year0.47%
15 Year541.46%
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)
Technical Indicators
MACD(12,26,9)0.36
RSI(14)55.1
LBB93.14
UBB103.57
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 107.71 | 95.62 | 12.09 (11.22%) | 8.91% |
| An entry @107.71. This is a Buy Stop order right above the resistance zone. | An exit @95.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.09 points, which is 11.22%. | For a 1.00% total portfolio risk, you can invest 8.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SIGNET JEWELERS LTD
NYSE:SIG (4/26/2024, 7:16:10 PM)
After market: 101 -0.8 (-0.79%)101.8
+2.14 (+2.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg2.15%
1 Week6.63%
2 Weeks6.3%
1 Month1.73%
3 Month1.92%
6 Month50.32%
12 Month38.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.67
ATR(20)%4.18%
ATR Inc
Range Today2.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High102.28
10 Day Low93.26
20 Day High109.17
20 Day Low93.26
52 Week High109.17
52 Week Low57.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume580.60K
Volume Incr-12.42%
Vol(5)710.24K
Vol(50)801.01K