SIGNET JEWELERS LTD (SIG)

BMG812761002 - Common Stock

98.85  -2.6 (-2.56%)

After market: 98.85 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, SIG scores 7 out of 10 in our technical rating. SIG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

Both the short term and long term trends are positive. This is a very positive sign.
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.
SIG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SIG is lagging the market slightly.
In the last month SIG has a been trading in the 93.41 - 102.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SIG is an average performer in the Specialty Retail industry, it outperforms 69% of 125 stocks in the same industry.
Weekly and Daily overview Charts
SIG Weekly chart
SIG Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SIG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 98.68, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

60.86

108.78

We found 5 important support areas.

  • A support zone ranging from 95.07 to 98.68. 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 @79.07 from a trend line in the weekly time frame.
  • Support @68.19 from a trend line in the weekly time frame.
  • Support @61.47 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @100.25 from a trend line in the weekly time frame.
  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.32
10 Day High102.9
10 Day Low93.53
20 Day High102.9
20 Day Low93.41
52 Week High109.17
52 Week Low57.1
Performance
1 Week2%
2 Weeks4.77%
1 Month3.54%
3 Month-6.2%
6 Month22.89%
12 Month40.55%
2 Year65.86%
3 Year63.17%
5 Year424.13%
10 Year-6.82%
15 Year449.47%
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)0.43
RSI(14)50.43
LBB93.1
UBB102.64
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
100.2695.065.20 (5.19%)19.28%
An entry @100.26. This is a Buy Stop order right above the resistance zone.An exit @95.06. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.20 points, which is 5.19%.When investing 19.28% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
SIG Daily chart

SIGNET JEWELERS LTD

NYSE:SIG (5/17/2024, 7:26:19 PM)

After market: 98.85 0 (0%)

98.85

-2.6 (-2.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.56%
1 Week2%
2 Weeks4.77%
1 Month3.54%
3 Month-6.2%
6 Month22.89%
12 Month40.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.36
ATR(20)%3.48%
ATR Inc
Range Today2.72
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 High102.9
10 Day Low93.53
20 Day High102.9
20 Day Low93.41
52 Week High109.17
52 Week Low57.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume447.70K
Volume Incr-16.13%
Vol(5)554.40K
Vol(50)809.02K