Signet Jewelers Ltd (SIG) Stock: What Does the Chart Say Wednesday?

Signet Jewelers Ltd (SIG) stock has gained 18.45% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Signet Jewelers Ltd has a Bullish 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?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SIG Stock Today?

Signet Jewelers Ltd (SIG) stock is trading at $83.86 as of 10:32 AM on Wednesday, Nov 15, an increase of $3.93, or 4.92% from the previous closing price of $79.93. The stock has traded between $79.71 and $84.12 so far today. Volume today is low. So far 141,057 shares have traded compared to average volume of 598,697 shares.

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.