Tickeron detected bearish Stock Pattern: Broadening Bottom SIGI on April 16, 2024, netting in a 5.17% gain over 2 weeks

A.I.dvisor
at Tickeron.com
05/03/24
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+5.17% Gain from a Successful pattern Broadening Bottom
SIGI - Selective Insurance Group
Ticker: SIGI
Company: Selective Insurance Group
Gain from shortening: +5.17%
Confirmed: 04/16/24
Succeeded: 05/02/24
Total length: 17 days
On April 15, 2024, A.I.dvisor detected a Broadening Bottom Pattern (Bearish) for Selective Insurance Group (SIGI, $100.99). 1 day later, on April 16, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 02, 2024, the stock hit the target price of $92.81 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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SIGIDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of property and casualty insurance products

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
Property Or Casualty Insurance
Address
40 Wantage Avenue
Phone
+1 973 948-3000
Employees
2650
Web
https://www.selective.com