SELECTIVE INSURANCE GROUP (SIGI) Stock Technical Analysis
NASDAQ:SIGI - Nasdaq - US8163001071 - Common Stock - Currency: USD
Overall SIGI gets a technical rating of 2 out of 10. SIGI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
SIGI is part of the Insurance industry. There are 143 other stocks in this industry, of which 66% are performing better than SIGI.
When compared to the yearly performance of all other stocks, SIGI outperforms 45% of them, which is more or less in line with the market.
SIGI is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so SIGI is still doing slightly better than the market.
In the last month SIGI has a been trading in the 81.02 - 93.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SIGI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 83.68, a Stop Loss order could be placed below this zone.
More info and screens
82.67
102.21
When analyzing the support we notice one important area.
- A support zone ranging from 83.50 to 83.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 88.86 to 89.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.62 to 92.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @95.14 from a horizontal line in the daily time frame.
- Resistance @97.84 from a trend line in the weekly time frame.
- Resistance @101.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.15
Mansfield0.56
10 Day High90.1
10 Day Low81.02
20 Day High93.3
20 Day Low81.02
52 Week High103.6
52 Week Low78.13
Performance
1 Week1.9%
2 Weeks2.26%
1 Month-0.48%
3 Month-5.34%
6 Month-3.38%
12 Month-11.83%
2 Year-8.36%
3 Year7.19%
5 Year76.1%
10 Year227.69%
15 Year428.31%
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)-0.01
RSI(14)51.01
LBB81.95
UBB93.95
88.28
-1.38 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.54%
1 Week1.9%
2 Weeks2.26%
1 Month-0.48%
3 Month-5.34%
6 Month-3.38%
12 Month-11.83%
2 Year-8.36%
3 Year7.19%
5 Year76.1%
10 Year227.69%
15 Year428.31%
Volatility
ATR(14)3.29
ATR(20)%3.37%
ATR Inc-38.25%
Range Today2.59
ADR(20)2.85
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.15
Mansfield0.56
10 Day High90.1
10 Day Low81.02
20 Day High93.3
20 Day Low81.02
52 Week High103.6
52 Week Low78.13
CS1 End83.68
CR1 Start88.86
Volume & EV
DER(3)0.52%
DER(5)-1.57%
Volume300.71K
Volume Incr-21.78%
Vol(5)335.01K
Vol(50)427.46K