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SIG (SHI)

23.20p

15:40 22/05/20

  • -3.33% -0.80p
  • Today's Low & High
  • 22.80 / 24.06
  • Open / Previous Close
  • 23.86 / 23.20
  • 52-week range
  • -82.81% -111.80p
  • Volume
  • 4,982,171
  • Market Cap(million)
  • £137.24m

23.30p REAL TIME BATS

  • 16:54 22/05/20
  • -2.02%
  • -0.48p

Technical Analysis

Support and resistance levels

S1

0.17
-5.00%

R1

0.46
155.00%

S2

0.16
-10.00%

R2

0.99
450.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 0.17
  • 0.15
  • Levels of negotiation support resistance
  • 0.20
  • 0.21

Technical situation

Lost the short/mid term previous support at 0.17 / Bearish for every analysis term.

Recommendation

Short term comment

Loss of the short-mid term previous support level located at 0.17 allows mid-term trend to be clearly bearish biased, particularly considering that has fallen below by a -5.88. This means, as well, a bearish structure for every analysis term.

Long term comment

From some months ago, long-term scenario remains bearish. Exhaustion signals that could alert for an upwards trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 37.26 32.89 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 29.02 27.82 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 26.06 25.43 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 27.23 26.97 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 38.70 38.60 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Slow Stochastic n/a n/a Bearish trend exhaustion signals, without turning signal.
Simple Moving Average 7 0.19 0.19 Very short-term trend is bearish.
Simple Moving Average 21 0.22 0.22 Bearish mid-term trend.
Simple Moving Average 50 0.47 0.46 Bearish mid-term trend.
Simple Moving Average 200 1.00 0.99 Bearish long-term trend.
Exponential Moving Average 7 0.19 0.19 Very short-term trend is bearish.
Exponential Moving Average 21 0.25 0.24 Bearish mid-term trend.
Exponential Moving Average 50 0.25 0.24 Bearish mid-term trend.
Exponential Moving Average 200 0.25 0.24
MACD Line -0.08 -0.07 Price following bearish trend.
MACD Signal -0.09 -0.09 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 0.20 0.20 Very short-term trend is bearish.
Double Exponential Moving Average 21 0.35 0.34 Bearish mid-term trend.
Double Exponential Moving Average 50 0.35 0.34 Bearish mid-term trend.
Double Exponential Moving Average 200 0.35 0.34 Bearish long-term trend.
Divergences n/a n/a NO
On Balance Vol. -603,594.61 -621,742.55 OBV is bearish.
Momentum 7 -0.01 -0.03 Extremely high falling speed in the very short term.
Momentum 7 -0.08 -0.05 Extremely high short-term falling speed.
% K Williams 50.00 62.50 Neutral, doesn't favour a price turn.
Priority Date Notification
23/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
22/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
21/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
21/04/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
20/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
20/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
17/04/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed mid term bullish pressure.
17/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
16/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
15/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/04/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.