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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 2024-09-12 View latest technical analysis

10 day averaged volume of Selective Insurance is 404558

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	89.70	88.10	89.71	87.61	0.901 times
11 Wed Sep 2024	87.55	88.70	88.70	86.53	0.854 times
10 Tue Sep 2024	88.97	89.56	90.15	88.65	0.867 times
09 Mon Sep 2024	89.58	89.77	90.10	88.74	0.977 times
06 Fri Sep 2024	89.23	89.98	91.07	89.07	0.94 times
05 Thu Sep 2024	90.25	91.55	91.55	89.90	1.23 times
04 Wed Sep 2024	90.81	91.42	91.97	90.28	0.866 times
03 Tue Sep 2024	91.02	90.81	92.18	90.75	0.94 times
30 Fri Aug 2024	90.98	90.72	91.19	90.41	1.292 times
30 Fri Aug 2024	90.98	90.72	91.19	90.41	1.292 times

My analysis of stock is bullish for shortterm, and stock might move up till 90.5 or till 91.7. Use a stoploss of 89.6 and if this stock hits its stoploss, then it can fall down till 88.65

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	87.44
Downside Intraday Target	85.17
Upside Intraday Target	91.06
Upside Intraday Target	92.41
Downside Intraday Target	88.79

Weekly technical analysis of Selective Insurance (SIGI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	89.70	89.77	90.15	86.53	0.905 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 up 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
12 Thu Sep 2024	89.70	90.81	92.18	86.53	0.375 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Selective Insurance 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Selective Insurance in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 90.01 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 positive

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