SIG has recently gapped down and is currently oversold. Sellers appear to be running out of steam as the RSI starts to head up while the price continues diverging down. Historically this stock has been good for a short bounce after oversold conditions, the divergence adds more credibility to a short term bounce/trend reversal.
The gap down followed immediately after poor sales numbers were released. Where this stock stands long term from a fundamental perspective I have no idea, looking only at a short term overreaction on bad news.
----------------
DISCLAIMER - this is not investment advice, trade according to your own risk.
註釋
UPDATE - seems to be consolidating nicely, no bounce yet as hoped but as the dividend was just recorded can't complain too muchstill waiting for a short term trend reversal before exiting, basing price target on RSI returning to a more normal level
註釋
WEEKLY
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。