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(SIGIND) Signet Industries complete technical analysis [charts+indicators] | Buy/Sell Signet Industries | (SIGIND) share price targets

Complete technical analysis of Signet Industries (SIGIND) by charts plus indicators, forecast predictions and share price targets for Signet Industries (SIGIND)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Signet Industries is 65808

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	72.35	71.10	74.10	70.50	0.19 times
01 Fri Mar 2024	71.35	71.75	72.70	70.65	0.466 times
29 Thu Feb 2024	71.40	71.30	72.60	70.10	0.388 times
28 Wed Feb 2024	71.50	74.10	76.30	71.00	0.877 times
27 Tue Feb 2024	74.70	75.10	78.65	72.80	1.905 times
26 Mon Feb 2024	73.55	73.10	75.20	73.10	0.503 times
23 Fri Feb 2024	73.85	77.80	80.00	72.25	1.479 times
22 Thu Feb 2024	75.35	77.00	78.35	70.80	1.094 times
21 Wed Feb 2024	77.75	79.60	80.00	77.25	0.945 times
20 Tue Feb 2024	77.20	79.10	79.95	76.50	0.757 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 71.8 as stoploss in an intra day buy trade for a target of 75.58. However, stock will show a bearish move below 71.8.

Share price targets for Signet Industries (SIGIND)

Target Type	Value
Downside Target	49.30
Downside Target	54.15
Downside Target	65.85
Downside Target	70.10
Upside Target	74.10
Upside Target	76.25
Upside Target	78.65
Upside Target	82.60
Upside Target	83.65
Upside Target	83.95
Upside Target	85.55
Upside Target	89.40

Intraday share price targets for Signet Industries (SIGIND)

Target Type	Value
Downside Intraday Target	68.75
Downside Intraday Target	65.15
Upside Intraday Target	77.3
Upside Intraday Target	82.25
Upside Intraday Target	73.7

Weekly technical analysis of Signet Industries (SIGIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	72.35	73.10	78.65	70.10	0.738 times
23 Fri Feb 2024	73.85	80.50	82.60	70.80	0.672 times
16 Fri Feb 2024	79.45	75.00	83.65	66.50	1.005 times
09 Fri Feb 2024	74.45	82.05	85.55	70.85	0.292 times
02 Fri Feb 2024	81.65	79.40	89.40	76.25	0.188 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Signet Industries (SIGIND)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	72.35	71.75	74.10	70.50	0.021 times
29 Thu Feb 2024	71.40	80.80	85.55	66.50	1.275 times
31 Wed Jan 2024	80.80	79.40	89.40	76.25	0.13 times
20 Fri Oct 2023	75.25	60.35	83.95	54.15	7.098 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Signet Industries (SIGIND)

Price action analysis of Signet Industries ( (SIGIND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Signet Industries ( (SIGIND) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Signet Industries ( (SIGIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Signet Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Signet Industries in short term but the sell signal is initial and weak.

Signet Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Signet Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Signet Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.42 and Signet Industries (SIGIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Signet Industries (SIGIND) stock. Volume based technical analysis of Signet Industries (SIGIND) stock is negative.

Signet Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.