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Signet Jewelers Crosses Above its 10-day MA (SIG)

By Nick Russo

Today, shares of Signet Jewelers (NYSE:SIG) have crossed bullishly above their 10-day moving average of $59.03 on a volume of 237K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Signet Jewelers have traded between a low of $33.11 and a high of $77.94 and are now at $59.30, which is 79% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 2.5%.

SmarTrend is tracking the current trend status for Signet Jewelers and will alert subscribers who have SIG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses signet jewelers

Ticker(s): SIG