Signet Jewelers Ltd

SIG remains in a Stage 2 advancing phase following a strong Momentum Breakout, but price is extended above rising 9/20/50 EMAs with RSI and Options Score in extreme overbought territory. We defer execution and wait for a disciplined pullback into the EMA cluster for a cleaner entry.

• ↑Q1 revenue $1.6B (+1.8% YoY) driven by core brands
• ↑Lab-grown diamonds represent ~20% of sales, improving average unit revenues
• ↓Merchandise margin declined due to higher gold costs