Technical Analysis for SIGIP - Selective Insurance Group, Inc. - Depositary Shares, each representing a 1/1,000th interest in a share of 4.60% Non-Cumulative Preferred Stock, Series B

Grade Last Price % Change Price Change
D 18.60 0.27% 0.05
SIGIP closed up 0.27 percent on Tuesday, May 7, 2024, on approximately normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 20 DMA Bullish 0.49%
MACD Bullish Signal Line Cross Bullish 0.49%
Gapped Up Strength 0.49%
Gapped Down Weakness 1.86%
Expansion Breakdown Bearish Swing Setup 3.56%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 11 hours ago
Possible NR7 about 11 hours ago
50 DMA Support about 11 hours ago
Rose Above Previous Day's High about 13 hours ago
Rose Above 50 DMA about 13 hours ago

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Profile

Selective Insurance Group, Inc. - Depositary Shares, each representing a 1/1,000th interest in a share of 4.60% Non-Cumulative Preferred Stock, Series B Description

Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party; and flood insurance products. The company also invests in fixed income investments and commercial mortgage loans, as well as equity securities, short-term investments, and alternative investments, and other investments. It offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. The company was founded in 1926 and is headquartered in Branchville, New Jersey.


Classification

Sector: Financial Services
Industry: Insurance - Property & Casualty
Keywords: Insurance Insurance Products General Insurance Casualty Insurance Products Property Insurance Products Retail Agents

Is SIGIP 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 19.29
52 Week Low 14.6814
Average Volume 5,412
200-Day Moving Average 17.02
50-Day Moving Average 18.68
20-Day Moving Average 18.38
10-Day Moving Average 18.33
Average True Range 0.24
RSI (14) 52.83
ADX 25.28
+DI 25.39
-DI 25.58
Chandelier Exit (Long, 3 ATRs) 18.49
Chandelier Exit (Short, 3 ATRs) 18.59
Upper Bollinger Bands 18.81
Lower Bollinger Band 17.94
Percent B (%b) 0.76
BandWidth 4.75
MACD Line -0.07
MACD Signal Line -0.11
MACD Histogram 0.0379
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.89
Resistance 3 (R3) 18.90 18.82 18.84
Resistance 2 (R2) 18.82 18.75 18.81 18.82
Resistance 1 (R1) 18.71 18.70 18.67 18.70 18.81
Pivot Point 18.63 18.63 18.61 18.62 18.63
Support 1 (S1) 18.52 18.56 18.48 18.51 18.39
Support 2 (S2) 18.44 18.51 18.43 18.38
Support 3 (S3) 18.33 18.44 18.36
Support 4 (S4) 18.32