Technical Analysis of Signet Jewelers Limited (NYSE:SIG)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Signet Jewelers Limited (NYSE:SIG) for the period of 9-Day stands at 82.11% while the stochastic %D for the same period stands at 77.7%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Signet Jewelers Limited (NYSE:SIG) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Signet Jewelers Limited (NYSE:SIG) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Signet Jewelers Limited (NYSE:SIG)’s 20-Day Bollinger Band indicates “Buy”.

About Company

Signet Jewelers Ltd. is engaged in retailing of jewelry, watches and associated services. The company operates primarily in the United States, the United Kingdom, the Republic of Ireland and the Channel Islands. Signet Jewelers Ltd., formerly known as Signet Group PLC, is based in Hamilton, Bermuda.

Previous Day Activity Analysis

On the last trading day, Signet Jewelers Limited (NYSE:SIG) opened the session at $70.78 and after going down -0.06% closed at $70.81. The stock gained 0.03 points in the last trade.

Signet Jewelers Limited (NYSE:SIG)’s stock fluctuated in the range of $69.95 and $72.70 during the previous active session. Signet Jewelers Limited (NYSE:SIG) traded with the volume of 1.35 Million with average volume of 1.73 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.03 while ATR (Average True Range) and RSI (Relative Strength Index) are at 2.46 and 63.67 respectively.

Currently the Insider Ownership of the shares of Signet Jewelers Limited (NYSE:SIG) is at 0.6% and the shares outstanding are 60.49 Million.

Important Ratio Analysis

Some important ratios to consider here for Signet Jewelers Limited (NYSE:SIG) are discussed below:

Dividend yield of Signet Jewelers Limited (NYSE:SIG) stands at 1.75% whereas Price to Earnings P/E ratio stands at 11.49 while Forward P/E shows the value of 9.63.

The PEG ratio (Price to Earning to Growth) emits the value of 1.64. The Price to Sale P/S and Price to Book P/B shows the value of 0.68 and 2.08 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 35.96 and 10.21 correspondingly.

The Quick Ratio of Signet Jewelers Limited (NYSE:SIG) stands at 1.1 while the Current Ratio depicts the value of 2.4.

Return on Assets ROA of Signet Jewelers Limited (NYSE:SIG) is at 7.1% whereas, Return on Equity ROE and Return of Investment ROI of Signet Jewelers Limited (NYSE:SIG) stand at 19.4% and 15.2% respectively.

The payout ratio of Signet Jewelers Limited (NYSE:SIG) stands at 16.1%.

Stock Performance Analysis

The stock performance of Signet Jewelers Limited (NYSE:SIG) on the basis of 5 day trade show the jump of 8.29% whereas, the monthly performance of the stock shows increase of 14.97%.

The quarterly performance of the stock remained in green zone with the value of 25.77% while six month performance of the shares of Signet Jewelers Limited (NYSE:SIG) remained bullish with the count of 17.64%.

The yearly and YTD performance of Signet Jewelers Limited (NYSE:SIG) remained down at -21.14% and -24.88% respectively.