SIGNET JEWELERS LTD (SIG) Stock Technical Analysis
NYSE:SIG - New York Stock Exchange, Inc. - BMG812761002 - Common Stock - Currency: USD
Overall SIG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SIG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
SIG is one of the better performing stocks in the Specialty Retail industry, it outperforms 74% of 122 stocks in the same industry.
SIG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SIG has an average volume of 1137340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SIG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
SIG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
73.56
95.00
2 important support areas can be observed.
- Support @76.49 from a horizontal line in the daily time frame.
- A support zone ranging from 74.30 to 74.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 80.04 to 80.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 81.64 to 82.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @94.06 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 | UP | POSITIVE | The long term trend for SIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIG is up. |
| ChartMill Relative Strength | 76.77 | POSITIVE | SIG has a high relative strength, it outperformed 76.77% off all stocks 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 | MIXED | The current price of SIG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.28 | NEUTRAL | The RSI value for SIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SIG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.67 | OVERBOUGHT | The high Stochastics value suggests SIG may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SIG suggests some volalility. |
| Average Directional Index/ADX (14) | 41.32 | POSITIVE | The high ADX value value for SIG suggests a strong 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)
79.76
-1.88 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.3%
1 Week4.28%
2 Weeks2.68%
1 Month24.2%
3 Month35.58%
6 Month-2.7%
12 Month-10.96%
2 Year22.22%
3 Year49.2%
5 Year676.63%
10 Year-37.8%
15 Year190.04%
Volatility
ATR(14)3.39
ATR(20)%3.78%
ATR Inc-10.26%
Range Today2.91
ADR(20)2.49
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.77
Mansfield0.09
10 Day High82.81
10 Day Low75.88
20 Day High82.81
20 Day Low62.08
52 Week High106.28
52 Week Low45.55
CS1 End76.49
CR1 Start80.04
Volume & EV
DER(3)-1.21%
DER(5)0.17%
Volume1.12M
Volume Incr-9.65%
Vol(5)1.20M
Vol(50)1.14M