Signet Jewelers' MACD Golden Cross & Bollinger Bands Indicate Potential Upside

Thursday, Oct 9, 2025 10:13 am ET1min read

Signet Jewelers' 15-minute chart has recently exhibited a MACD Golden Cross and Bollinger Bands Expanding Upward, both of which occurred on October 9, 2025 at 10:00. This suggests that the stock price is poised for continued upward momentum, as the market trend is currently being driven by buyers.

Signet Jewelers (SIG) has seen its stock price exhibit notable technical indicators recently, which could suggest continued upward momentum. On October 9, 2025, at 10:00, the 15-minute chart of SIG displayed a MACD Golden Cross and Bollinger Bands Expanding Upward. These indicators are generally considered bullish and suggest that the stock price is poised for further gains.

The MACD Golden Cross occurs when the MACD line crosses above the signal line, indicating a potential change in the trend from bearish to bullish. This event was accompanied by the Bollinger Bands Expanding Upward, which reflects increased volatility and suggests that the price could continue to rise. The presence of both indicators on the same day suggests a strong buying trend, driven by market participants.

In the context of SIG's recent financial performance, the stock has added about 8% since its last earnings report, outperforming the S&P 500. The company reported strong second-quarter fiscal 2026 results, with adjusted earnings and revenues beating estimates, and same-store sales increasing year-over-year. Additionally, SIG has raised its fiscal 2026 outlook, indicating optimism in its future prospects Signet (SIG) Up 8% Since Last Earnings Report: Can It Continue?[1].

However, it is important to note that while the technical indicators suggest potential upward momentum, the stock has a Zacks Rank #4 (Sell) and is expected to have a below-average return in the next few months. Investors should consider these factors and conduct thorough analysis before making investment decisions.

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