Technical Analysis for SIGI - Selective Insurance Group, Inc.

Grade Last Price % Change Price Change
D 101.42 1.02% 1.02
SIGI closed up 1.02 percent on Thursday, April 18, 2024, on 79 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 1
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish 1.02%
180 Bearish Setup Bearish Swing Setup 1.02%
Inside Day Range Contraction 1.02%
Oversold Stochastic Weakness 1.02%
Crossed Above 200 DMA Bullish -0.45%
Stochastic Buy Signal Bullish -0.45%
Pocket Pivot Bullish Swing Setup -0.45%

   Recent Intraday Alerts

Alert Time
200 DMA Resistance about 17 hours ago
Possible NR7 about 17 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
Gap Up Partially Closed about 22 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 316,272
200-Day Moving Average 101.61
50-Day Moving Average 103.32
20-Day Moving Average 103.97
10-Day Moving Average 102.55
Average True Range 1.85
RSI (14) 43.18
ADX 15.36
+DI 14.62
-DI 19.69
Chandelier Exit (Long, 3 ATRs) 104.03
Chandelier Exit (Short, 3 ATRs) 105.83
Upper Bollinger Bands 108.41
Lower Bollinger Band 99.54
Percent B (%b) 0.21
BandWidth 8.53
MACD Line -0.73
MACD Signal Line -0.23
MACD Histogram -0.5025
Fundamentals Value
Market Cap 6.14 Billion
Num Shares 60.6 Million
EPS 5.84
Price-to-Earnings (P/E) Ratio 17.37
Price-to-Sales 1.43
Price-to-Book 2.20
PEG Ratio 1.86
Dividend 1.25
Dividend Yield 1.23%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 103.60
Resistance 3 (R3) 103.58 102.84 103.24
Resistance 2 (R2) 102.84 102.28 102.85 103.12
Resistance 1 (R1) 102.13 101.94 102.48 102.15 103.00
Pivot Point 101.38 101.38 101.56 101.39 101.38
Support 1 (S1) 100.67 100.83 101.03 100.69 99.84
Support 2 (S2) 99.93 100.48 99.94 99.72
Support 3 (S3) 99.22 99.93 99.60
Support 4 (S4) 99.24