Can Signet Jewelers (SIG) Continue to Rise? - Tale of the Tape

By Zacks Equity Research,

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Although Signet Jewelers Ltd. ( SIG ) is up over 24.6% in the past four weeks, investors may be concerned. After all, SIG is now in overbought territory, at least when looking at its RSI value of 76.9. If that wasn't enough, investors should also note that Signet Jewelers possesses a Zacks Rank #4 (Sell), so if analyst perception is any guide, we could witness a slump in SIG shares before too long.

SIGNET JEWELERS (SIG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: SIG

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