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Selective Insurance Group, Inc.

SIGI Technical Analysis Summary (NASDAQ)

Analyze SIGI on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SIGI●NASDAQ
Financial ServicesInsurance - Property & Casualty
$103.36
$0.36(0.35%)
U.S. Market opens in 15h 41m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SIGI Technical Analysis Summary (NASDAQ)

Selective Insurance Group, Inc. (NASDAQ: SIGI) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.90)
Trend Strength:Very Strong (ADX: 47.85)
Volatility:Medium (ATR: 2.52)
Support/Resistance:$88.08 – $107.53 (Bollinger Bands)

Technical conditions suggest Selective Insurance Group, Inc. on the NASDAQ is awaiting a decisive move. Overall, Selective Insurance Group, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 70.90

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 79.34

Bullish
Buying momentum building without extremes.

Williams %R: -21.15

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 7.03

Strongly Bullish
Strong upside momentum.

Takeaway:Selective Insurance Group, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.66

Bullish
Bullish, trend momentum is strengthening.

ADX: 47.85

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.52

Medium
Medium volatility, healthy price movement.

CCI (14): 128.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Selective Insurance Group, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$107.53
Middle Band (SMA 20)
$97.80
Lower Band
$88.08
Current Position
Within Bands

Takeaway:Selective Insurance Group, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$103.19
Middle Line (EMA 20)
$98.15
Lower Channel
$93.10
Squeeze Status
No Squeeze

Takeaway:Selective Insurance Group, Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-871.20K
Money Flow Index70.03Bullish, inflows support continued momentum.
Relative Vigor Index55.91Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SIGI shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Selective Insurance Group, Inc. (NASDAQ: SIGI), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Selective Insurance Group, Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NASDAQ: SIGI) Technical Analysis FAQ