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Signet Jewelers Declining With Trend-Confirming Volume (SIG)

By Nick Russo

Shares of Signet Jewelers are trading today in above average volume, with the share price falling 13.6% to $41.40. Today's volume of 3.4 million shares tops the average 30-day volume of 1.1 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Signet Jewelers on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $50.21. Since that call, shares of Signet Jewelers have fallen 4.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Signet Jewelers share prices have been bracketed by a current low of $41.15 and a high of $101.46 and are now at $41.40. The 200-day and 50-day moving averages have moved 0.22% lower and 0.57% higher over the past week, respectively.

Keywords: unusual volume signet jewelers

Ticker(s): SIG