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SIG (SHI)

24.50p

12:49 28/09/20

  • 10.76% 2.38p
  • Today's Low & High
  • 21.50 / 24.74
  • Open / Previous Close
  • 22.78 / 22.12
  • 52-week range
  • -80.03% -98.17p
  • Volume
  • 6,534,005
  • Market Cap(million)
  • £289.48m

24.62p REAL TIME BATS

  • 14:05 28/09/20
  • 11.40%
  • 2.52p

Technical Analysis

Support and resistance levels

S1

30.59
-8.41%

R1

37.51
12.30%

S2

32.88
-1.55%

R2

41.75
24.99%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 32.27
  • 31.15
  • Levels of negotiation support resistance
  • 34.39
  • 35.39

Technical situation

In critical support zone in 32.883.

Recommendation

Short term comment

The technical structure can be raised as bullish placing the price at 32.883 levels, especially critical support below which the technical rating would go to a neutral state. Upward, it is advisable to monitor resistive levels of 37.507 and 41.747 that would warn of an improvement in technical bias.

Long term comment

The bullish phase that occurs between may 26 and june 28, moving from levels of 14.376, to 41.788, supposes a moderate correction of the previous fall, which went down from 134.320, to 14.376. The current downtrend, however, remains above minimum support environments at 14.376. There is no sign of stability in the fall nor is it in oversold and support levels (in the area of 14.376,).

Indicator Previous Current Signal Comment
RSI 7 74.20 65.90 The RSI does not warn of overbought or oversold.
RSI 14 61.70 58.60 The RSI does not warn of overbought or oversold.
RSI 21 57.00 55.30 The RSI does not warn of overbought or oversold.
RSI 50 47.90 47.50 The RSI does not warn of overbought or oversold.
RSI 200 43.00 42.90 The RSI does not warn of overbought or oversold.
Fast Stochastic n/a n/a Signs of bullish exhaustion with turn signal.
Slow Stochastic n/a n/a Sign of significant bullish exhaustion but no turn signal.
Simple Moving Average 7 32.27 32.88 Very short term trend bullish.
Simple Moving Average 21 30.78 30.76 Bullish trend in the short-medium term.
Simple Moving Average 50 31.97 31.92 Bullish medium term trend.
Simple Moving Average 200 59.55 59.17 Extremely bearish trend in the long-term.
Exponential Moving Average 7 32.44 32.68 Very short term trend bullish.
Exponential Moving Average 21 31.43 31.60 Bullish trend in the short-medium term.
Exponential Moving Average 50 31.44 31.52 Bullish medium term trend.
Exponential Moving Average 200 53.73 53.53 Extremely bearish trend in the long-term.
MACD Line -0.90 -0.90 Price in uptrend.
MACD Signal -0.90 -0.80 Price in uptrend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 32.44 32.68 Very short term trend bullish.
Double Exponential Moving Average 21 31.43 31.60 Bullish trend in the short-medium term.
Double Exponential Moving Average 50 31.44 31.52 Bullish medium term trend.
Double Exponential Moving Average 200 53.73 53.53 Extremely bearish trend in the long-term.
Divergences n/a n/a NO
On Balance Vol. -216,240,865.00 -218,863,433.00 OBV supports falls.
Momentum 7 4.82 2.92 Upload speed of the very short term is strong, but not extreme.
Momentum 7 4.68 5.38 Upload speed of the very short term is strong, but not extreme.
% K Williams 9.60 11.60 Overbought, would support a bearish turn.
Priority Date Notification
20/08/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
20/08/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
20/08/2020 Fast Stochastic bearish signal. The weakness in the previous closure indicates the possibility of attending cuts after a more positive recent phase.
19/08/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
19/08/2020 Being close (above) the short-term moving average may evolve upwards, although if it drops below the signal would be reversed to bearish.
19/08/2020 Fast Stochastic bearish signal. The weakness in the previous closure indicates the possibility of attending cuts after a more positive recent phase.
13/08/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
12/08/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
11/08/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
10/08/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
07/08/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.