SIGNATURE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.4

Here’s a detailed technical analysis of Signature Global (India) Ltd. (SIGNATURE)

📊 Trend Analysis

Current Trend: The stock is in a consolidation phase, trading near its 50 DMA (₹1,143) and below the 200 DMA (₹1,192). This suggests indecision and lack of strong directional momentum.

Long-Term Trend: Weak, with the stock down ~30% from its 52-week high of ₹1,647.

📈 Moving Averages

50 DMA: ₹1,143

200 DMA: ₹1,192

Current Price: ₹1,145

Interpretation: Price is hovering around the 50 DMA and below the 200 DMA — a neutral to slightly bearish setup. A sustained move above ₹1,192 would be needed to confirm trend reversal.

📉 MACD & RSI

MACD: Slightly negative at -0.67, indicating fading momentum.

RSI: Neutral at 56.6 — no overbought or oversold signal.

Conclusion: Momentum indicators suggest sideways movement with no strong buy/sell signal.

📊 Volume Trends

Current Volume: 3.21 lakh

1-Week Avg Volume: 3.16 lakh

Interpretation: Volume is stable, indicating low conviction. Watch for volume spikes near support or resistance for directional clues.

📉 Bollinger Bands

Price is likely near the middle band, reinforcing the consolidation view. A breakout above ₹1,200 with volume would confirm bullish momentum.

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 1,120 Near-term support zone

Support 2 1,011 52-week low, strong base

Resistance 1 1,192 200 DMA, key breakout level

Resistance 2 1,300–1,400 Previous swing highs

Resistance 3 1,647 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹1,120–₹1,140 (on pullback with confirmation)

Exit Zone: ₹1,300–₹1,400 (partial profit booking), ₹1,600+ (final target if breakout sustains)

🔍 Summary

Trend: Consolidating

Momentum: Weak to neutral

Bias: Wait-and-watch

Short-Term Strategy: Accumulate near ₹1,120–₹1,140 only if support holds. Avoid aggressive entries until price breaks above ₹1,192 with volume.

Let me know if you’d like a visual chart setup or swing trade plan based on this!

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