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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Selective Insurance Group, Inc. (NASDAQ:SIGI)

Countertrend Down (-85) - SIGI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SIGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SIGI
Open High Low SIGI Price Change
99.61 100.13 98.48 99.00 -0.92
Entry Signal

MarketClub’s Trade Triangles for SIGI

long term down The long-term trend has been DOWN since May 2nd, 2024 at 95.00

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 101.89

short term up The short-term trend has been UP since May 7th, 2024 at 99.21

Smart Scan Analysis for SIGI

Based on our trend formula, SIGI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SIGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.61 100.13 98.48 99.00 -0.92
Prev. Close Volume Bid Ask Time
99.00 173440 2024-05-08 15:59:38
Year High67.17Year High Date2018-10-31
Year Low53.55Year Low Date2018-05-15
52wk High109.5852wk High Date2024-03-28
52wk Low92.0652wk Low Date2024-05-02
Year End Close19.27Average Volume388,142
Shares Outstanding60,642Short Interest1,688,953
% Institutional78.3Market Cap4,482M
Assets120,561,150MLiabilities904,962,100M
P/E Ratio17.6537Beta1.16
Volatility26.21
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