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(SIGIND) Signet Industries complete technical analysis [charts+indicators] | Buy/Sell Signet Industries | (SIGIND) share price targets

Complete technical analysis of Signet Industries (SIGIND) by charts plus indicators, forecast predictions and share price targets for Signet Industries (SIGIND)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Signet Industries is 63639

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	69.75	73.10	73.10	69.00	0.45 times
05 Fri Apr 2024	72.10	72.95	73.00	71.00	0.362 times
04 Thu Apr 2024	71.75	73.00	75.90	71.00	1.062 times
03 Wed Apr 2024	71.35	67.35	71.85	66.65	2.223 times
02 Tue Apr 2024	67.05	66.60	68.80	65.80	0.336 times
01 Mon Apr 2024	66.60	61.80	67.90	61.80	0.558 times
28 Thu Mar 2024	61.80	63.95	64.95	61.30	2.339 times
27 Wed Mar 2024	62.30	63.10	65.50	62.05	1.341 times
26 Tue Mar 2024	63.75	67.00	69.75	63.20	0.55 times
22 Fri Mar 2024	67.35	66.90	68.60	66.50	0.35 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.3, but if it comes below 69.3, then a intra day sell could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 65.98 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 73.3 as target.

Share price targets for Signet Industries (SIGIND)

Target Type	Value
Downside Target	54.15
Downside Target	58.00
Downside Target	61.30
Downside Target	63.90
Downside Target	66.50
Downside Target	68.60
Upside Target	73.10
Upside Target	75.90
Upside Target	76.25
Upside Target	83.95
Upside Target	85.55
Upside Target	89.40

Intraday share price targets for Signet Industries (SIGIND)

Target Type	Value
Downside Intraday Target	68.13
Downside Intraday Target	66.52
Upside Intraday Target	72.23
Upside Intraday Target	74.72
Upside Intraday Target	70.62

Weekly technical analysis of Signet Industries (SIGIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	69.75	73.10	73.10	69.00	0.099 times
05 Fri Apr 2024	72.10	61.80	75.90	61.80	1.073 times
28 Thu Mar 2024	61.80	67.00	69.75	61.30	1.63 times
22 Fri Mar 2024	67.35	65.95	68.60	63.90	0.503 times
15 Fri Mar 2024	65.00	69.25	69.25	58.00	1.729 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 Signet Industries (SIGIND)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	69.75	61.80	75.90	61.80	0.319 times
28 Thu Mar 2024	61.80	71.75	74.10	58.00	0.477 times
29 Thu Feb 2024	71.40	80.80	85.55	66.50	1.275 times
31 Wed Jan 2024	80.80	79.40	89.40	76.25	0.13 times

Scroll below to view daily charts

Price has moved up 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 Signet Industries (SIGIND)

Price action analysis of Signet Industries ( (SIGIND) ) based on a short 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.

Price action analysis of Signet Industries ( (SIGIND) ) based on a short to mid 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.

Price action analysis of Signet Industries ( (SIGIND) ) based on a mid to longer 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.

ADX buy sell signal for Signet Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Signet Industries in short term and the buy signal is strong.

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

Signet Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Signet Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Signet Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.73 and Signet Industries (SIGIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Signet Industries (SIGIND) stock. Volume based technical analysis of Signet Industries (SIGIND) stock is negative.

Signet Industries Stock is giving positive 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.