Is Signet Jewelers Ltd (SIG) Stock About to Get Hot Friday?

Overall market sentiment has been neutral on Signet Jewelers Ltd (SIG) stock lately. SIG receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Signet Jewelers Ltd has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SIG!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With SIG Stock Today?

Signet Jewelers Ltd (SIG) stock is trading at $79.36 as of 11:42 AM on Friday, Nov 24, a loss of -$2.37, or -2.91% from the previous closing price of $81.74. The stock has traded between $79.36 and $81.83 so far today. Volume today is low. So far 114,319 shares have traded compared to average volume of 591,919 shares. To screen for more stocks like Signet Jewelers Ltd click here.

More About Signet Jewelers Ltd

Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue. Click Here to get the full Stock Report for Signet Jewelers Ltd stock.