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Signet Jewelers Down 20.1% Since SmarTrend Downtrend Call (SIG)

By Shiri Gupta

SmarTrend identified a Downtrend for Signet Jewelers (NYSE:SIG) on February 5th, 2018 at $50.21. In approximately 2 months, Signet Jewelers has returned 20.06% as of today's recent price of $40.14.

In the past 52 weeks, Signet Jewelers share prices have been bracketed by a low of $33.11 and a high of $101.46 and are now at $40.14, 21% 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 0.6%.

Signet Jewelers Ltd. operates as a retail company. The Company, through its subsidiaries, retails jewelry, watches, gifts, and accessories. Signet Jewelers operates in the United States, the United Kingdom, Puerto Rico, and Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Signet Jewelers.

Log in and add Signet Jewelers (SIG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights signet jewelers

Ticker(s): SIG