Signature Aviation (SIG)

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term comment

The evolution of prices has generated a quantitative scenario bearish very pressured by the 406.4 area and increasing the risk of overbought and setbacks I would have to overcome 406.4 to propose the change to a more neutral scenario

Long term comment

The bearish phase that occurs between february 26 and may 25, going back from levels at 445.140, to 390.700, supposes a moderate correction of the previous rise, that went up from 229.600 to 445.140. The current bullish phase, however, remains below maximal resistive environments at 445.140. There is no sign of weakness in the rise nor is it in overbought and resistance levels (in the area of 445.140,).

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Sell

• 5

  Sell

• 6

  Neutral

• 1

  Buy

Moving average

Neutral

• 0

  Sell

• 12

  Neutral

• 1

  Buy

Pivot points

Alerts