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Can Signet Jewelers (SIG) Continue to Rise?

Zacks Equity Research

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.




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