SELECTIVE INSURANCE GROUP (SIGI) Stock Technical Analysis
NASDAQ:SIGI - Nasdaq - US8163001071 - Common Stock - Currency: USD
Taking everything into account, SIGI scores 2 out of 10 in our technical rating. SIGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, SIGI is a bad performer in the overall market: 63% of all stocks are doing better.
SIGI is one of the lesser performing stocks in the Insurance industry. 71% of 143 stocks in the same industry do better.
In the last month SIGI has a been trading in the 81.02 - 93.30 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
SIGI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, SIGI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
82.84
103.11
2 important support areas can be observed.
- A support zone ranging from 88.34 to 88.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 83.68 to 83.87. 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.
- Resistance @89.37 from a trend line in the weekly time frame.
- Resistance @91.29 from a trend line in the daily time frame.
- Resistance @95.14 from a horizontal line in the daily time frame.
- Resistance @97.84 from a trend line in the weekly time frame.
- A resistance zone ranging from 101.20 to 102.09. 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
CRS37.3
Mansfield0.05
10 Day High93
10 Day Low84.69
20 Day High93.3
20 Day Low81.02
52 Week High103.6
52 Week Low78.13
Performance
1 Week0.4%
2 Weeks2.85%
1 Month-1.02%
3 Month-4.29%
6 Month-2.31%
12 Month-10.86%
2 Year-7.34%
3 Year8.38%
5 Year78.06%
10 Year231.33%
15 Year434.17%
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)0.2
RSI(14)52.31
LBB82.55
UBB92.56
89.26
-1.64 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.8%
1 Week0.4%
2 Weeks2.85%
1 Month-1.02%
3 Month-4.29%
6 Month-2.31%
12 Month-10.86%
2 Year-7.34%
3 Year8.38%
5 Year78.06%
10 Year231.33%
15 Year434.17%
Volatility
ATR(14)3.59
ATR(20)%3.62%
ATR Inc10.04%
Range Today5.45
ADR(20)3.08
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.3
Mansfield0.05
10 Day High93
10 Day Low84.69
20 Day High93.3
20 Day Low81.02
52 Week High103.6
52 Week Low78.13
CS1 End88.92
CR1 Start89.37
Volume & EV
DER(3)-0.7%
DER(5)-0.01%
Volume582.69K
Volume Incr-1.77%
Vol(5)428.06K
Vol(50)428.68K