sharecast

{{ storiesRelated.title }}

SIG (SHI)

118.30p

15:45 18/10/19

  • 2.87% 3.30p
  • Today's Low & High
  • 114.40 / 120.00
  • Open / Previous Close
  • 115.30 / 118.30
  • 52-week range
  • 5.16% 5.80p
  • Volume
  • 1,628,234
  • Market Cap(million)
  • £699.81m

118.40p REAL TIME BATS

  • 16:30 18/10/19
  • 2.87%
  • 3.30p

Technical Analysis

Support and resistance levels

S1

1.14
-1.00%

R1

1.20
4.00%

S2

0.99
-14.00%

R2

1.53
33.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 1.10
  • 1.07
  • Levels of negotiation support resistance
  • 1.18
  • 1.23

Technical situation

Short/mid-term drops partially restraining around the support zone located at 0.99-1.14.

Recommendation

Short term comment

Falls of the price since relative highs set at 1.53 makes the long-term bullish scenario to be recently discarded. Very short-term falls restrainment gives a positive signal, that would only be eliminated by means of losing support at 0.99.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 45.16 59.24 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 41.28 49.54 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 41.49 47.45 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 43.28 46.30 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 47.09 47.96 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 1.05 1.07 Extremely bullish very short-term trend.
Simple Moving Average 21 1.17 1.16 Short/Mid-term trend is indefinite.
Simple Moving Average 50 1.20 1.20
Simple Moving Average 200 1.28 1.28
Exponential Moving Average 7 1.08 1.10 Very short-term trend is bullish.
Exponential Moving Average 21 1.14 1.14 Short/Mid-term trend is indefinite.
Exponential Moving Average 50 1.14 1.14 Indefinite mid-term trend.
Exponential Moving Average 200 1.14 1.14 Indefinite long-term trend.
MACD Line -0.05 -0.04 Possible price turn.
MACD Signal -0.04 -0.04 Possible price turn.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 1.09 1.08 Extremely bullish very short-term trend.
Double Exponential Moving Average 21 1.22 1.21
Double Exponential Moving Average 50 1.22 1.21
Double Exponential Moving Average 200 1.22 1.21 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -153,024.20 -51,098.30 OBV is bearish.
Momentum 7 0.09 0.14 Extremely high rising speed in the very short term.
Momentum 7 -0.15 -0.11 Extremely high short-term falling speed.
% K Williams 36.36 18.18 Overbought, would favour a bearish turn.
Priority Date Notification
15/10/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
14/10/2019 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
11/10/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
11/10/2019 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.
10/10/2019 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
09/10/2019 Clear oversell according to RSI7, which could develop a short-term turn.
09/10/2019 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
11/09/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
10/09/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
09/09/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
29/08/2019 RSI7 points some overbuying, therefore bearish pressure is likely to increase in short terms.