Technical Analysis for SIGI - Selective Insurance Group, Inc.

Grade Last Price % Change Price Change
C 102.28 0.62% 0.63
SIGI closed up 0.62 percent on Wednesday, May 1, 2024, on 1.48 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Flat

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
Crossed Above 200 DMA Bullish 0.00%
Earnings Movers Other 0.00%
Up 3 Days in a Row Strength 0.00%
Hammer Candlestick Bullish 0.62%
Multiple of Ten Bullish Other 0.62%
Outside Day Range Expansion 0.62%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 17 hours ago
60 Minute Opening Range Breakout about 22 hours ago
50 DMA Resistance about 22 hours ago
Up 1 ATR about 22 hours ago
Rose Above 20 DMA about 23 hours ago

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Profile

Selective Insurance Group, Inc. Description

Selective Insurance Group, Inc. provides standard, and excess and surplus lines of property and casualty insurance products in the United States. The company operates in three segments: Standard Insurance Operations, E&S Insurance Operations, and Investments. Its products and services include standard market property insurance, which covers the financial consequences of accidental loss of an insured's real and/or personal property; and standard market casualty insurance that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party as a result of an insured's negligent acts, omissions, or legal liabilities. The company's products and services also comprise flood insurance, which covers property losses under the Federal Government's Write Your Own program of the National Flood Insurance Program; and excess and surplus insurance that provides property and casualty coverage through underwriting guidelines to small commercial accounts. The company offers its insurance products and services to businesses, non-profit organizations, local government entities, and individuals through independent retail insurance agents and brokers, and wholesale general agencies. It is also involved in investing premiums collected by the Standard Insurance Operations and E&S Insurance Operations segments on fixed maturity investments, equity securities, and alternative investments portfolio. Selective Insurance Group, Inc. was founded in 1925 and is headquartered in Branchville, New Jersey.


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Insurance Insurance Products Insurance Industry General Insurance Casualty Insurance Products Federal Government Property Insurance Insurance Agents Insurance Operations Bodily Injury

Is SIGI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 109.58
52 Week Low 91.3244
Average Volume 323,713
200-Day Moving Average 102.00
50-Day Moving Average 103.45
20-Day Moving Average 102.44
10-Day Moving Average 102.03
Average True Range 1.86
RSI (14) 48.45
ADX 12.46
+DI 21.33
-DI 16.94
Chandelier Exit (Long, 3 ATRs) 101.38
Chandelier Exit (Short, 3 ATRs) 105.43
Upper Bollinger Bands 105.24
Lower Bollinger Band 99.64
Percent B (%b) 0.47
BandWidth 5.46
MACD Line -0.58
MACD Signal Line -0.54
MACD Histogram -0.0356
Fundamentals Value
Market Cap 6.2 Billion
Num Shares 60.6 Million
EPS 5.84
Price-to-Earnings (P/E) Ratio 17.51
Price-to-Sales 1.43
Price-to-Book 2.20
PEG Ratio 1.86
Dividend 1.25
Dividend Yield 1.22%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 104.88
Resistance 3 (R3) 105.03 104.31 104.44
Resistance 2 (R2) 104.31 103.65 104.24 104.30
Resistance 1 (R1) 103.30 103.24 103.81 103.15 104.15
Pivot Point 102.58 102.58 102.84 102.51 102.58
Support 1 (S1) 101.57 101.92 102.08 101.42 100.41
Support 2 (S2) 100.85 101.51 100.78 100.26
Support 3 (S3) 99.84 100.85 100.12
Support 4 (S4) 99.69