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(SIGI) Selective Insurance complete technical analysis [charts+indicators] | Buy/Sell Selective Insurance | (SIGI) share price targets

Complete technical analysis of Selective Insurance (SIGI) by charts plus indicators, forecast predictions and share price targets for Selective Insurance (SIGI)

Selective Insurance trades in USA in Finance sector.

Showing technical analysis as on 2024-09-11 View latest technical analysis

10 day averaged volume of Selective Insurance is 416068

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	87.55	88.70	88.70	86.53	0.83 times
10 Tue Sep 2024	88.97	89.56	90.15	88.65	0.843 times
09 Mon Sep 2024	89.58	89.77	90.10	88.74	0.95 times
06 Fri Sep 2024	89.23	89.98	91.07	89.07	0.914 times
05 Thu Sep 2024	90.25	91.55	91.55	89.90	1.196 times
04 Wed Sep 2024	90.81	91.42	91.97	90.28	0.842 times
03 Tue Sep 2024	91.02	90.81	92.18	90.75	0.914 times
30 Fri Aug 2024	90.98	90.72	91.19	90.41	1.256 times
30 Fri Aug 2024	90.98	90.72	91.19	90.41	1.256 times
29 Thu Aug 2024	90.73	90.73	91.34	89.69	0.72 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 87.4, for a target of 88.6 or 89.56

Share price targets for Selective Insurance (SIGI)

Target Type	Value
Downside Target	81.00
Downside Target	83.38
Downside Target	86.53
Upside Target	91.34
Upside Target	92.06
Upside Target	92.18
Upside Target	98.05
Upside Target	103.16
Upside Target	103.60

Intraday share price targets for Selective Insurance (SIGI)

Target Type	Value
Downside Intraday Target	86
Downside Intraday Target	84.46
Upside Intraday Target	89.62
Upside Intraday Target	91.7
Upside Intraday Target	88.08

Weekly technical analysis of Selective Insurance (SIGI)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	87.55	89.77	90.15	86.53	0.679 times
06 Fri Sep 2024	89.23	90.81	92.18	89.07	3.078 times
30 Fri Aug 2024	90.98	90.72	91.19	90.41	0.273 times
30 Fri Aug 2024	90.98	90.23	91.34	88.11	1.544 times
23 Fri Aug 2024	89.80	88.64	90.69	88.29	0.843 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 Selective Insurance (SIGI)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	87.55	90.81	92.18	86.53	0.33 times
30 Fri Aug 2024	90.98	90.56	91.34	83.38	0.691 times
31 Wed Jul 2024	90.32	94.43	103.16	81.00	2.177 times
28 Fri Jun 2024	93.83	98.05	98.05	89.78	0.722 times

Scroll below to view daily charts

Price has moved down 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 Selective Insurance (SIGI)

Price action analysis of Selective Insurance ( (SIGI) ) 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 Selective Insurance ( (SIGI) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Selective Insurance ( (SIGI) ) 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 Selective Insurance stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Selective Insurance in short term and the sell signal is strong.

Selective Insurance Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Selective Insurance in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Selective Insurance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.09 and Selective Insurance (SIGI) 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 Selective Insurance (SIGI) stock. Volume based technical analysis of Selective Insurance (SIGI) stock is negative.

Selective Insurance Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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