SELECTIVE INSURANCE GROUP (SIGI)
US8163001071 - Common Stock
Overall SIGI gets a technical rating of 3 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.
In the last month SIGI has a been trading in the 100.28 - 109.58 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SIGI outperforms 48% of them, which is more or less in line with the market.
SIGI is an average performer in the Insurance industry, it outperforms 43% of 141 stocks in the same industry.
SIGI 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 SIGI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SIGI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 101.53, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
93.20
110.26
When analyzing the support we can see 3 important areas.
- Support @101.53 from a horizontal line in the daily time frame.
- A support zone ranging from 96.80 to 99.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.14 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 101.93 to 103.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @106.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 109.17 to 109.17. 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
CRS48.26
Mansfield-0.89
10 Day High104.67
10 Day Low100.28
20 Day High109.58
20 Day Low100.28
52 Week High109.58
52 Week Low91.99
Performance
1 Week0.28%
2 Weeks-0.44%
1 Month-5.32%
3 Month-3.44%
6 Month-1.02%
12 Month5.57%
2 Year23.48%
3 Year33.57%
5 Year42.62%
10 Year343.33%
15 Year589.02%
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)-0.05
RSI(14)44.57
LBB99.84
UBB105.08
SELECTIVE INSURANCE GROUP
NASDAQ:SIGI (4/25/2024, 7:17:17 PM)
After market: 101.7 0 (0%)101.7
-1.44 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.4%
1 Week0.28%
2 Weeks-0.44%
1 Month-5.32%
3 Month-3.44%
6 Month-1.02%
12 Month5.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.9
ATR(20)%1.87%
ATR Inc
Range Today1.95
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 High104.67
10 Day Low100.28
20 Day High109.58
20 Day Low100.28
52 Week High109.58
52 Week Low91.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume264.60K
Volume Incr55.11%
Vol(5)489.58K
Vol(50)323.56K