DIGI INTERNATIONAL INC (DGII) Stock Technical Analysis
NASDAQ:DGII • US2537981027
Taking everything into account, DGII scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DGII is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DGII is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by DGII over the past year are nicely spread over this period.
- DGII is one of the better performing stocks in the Communications Equipment industry, it outperforms 72% of 48 stocks in the same industry.
- A new 52 week high is currently being made by DGII, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month DGII has a been trading in the 38.90 - 51.77 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DGII has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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25.81
4 important support areas can be observed.
- A support zone ranging from 44.07 to 44.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.12 from a trend line in the weekly time frame.
- Support @39.72 from a trend line in the daily time frame.
- Support @26.07 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DGII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DGII is up. |
| ChartMill Relative Strength | 87.75 | POSITIVE | DGII has a high relative strength, it outperformed 87.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DGII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DGII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DGII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.72 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests DGII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.3 | OVERBOUGHT | The high Stochastics value suggests DGII may be overbought. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for DGII suggests some volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for DGII suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 51.79 | 43.59 | 8.19 (15.83%) | 6.32% |
| An entry @51.78. This is a Buy Stop order right above the 10 day high. | An exit @43.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.19 points, which is 15.83%. | When investing 6.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
50.2
-1.02 (-1.99%)
DIGI INTERNATIONAL INC / DGII FAQ
What is the ChartMill technical rating of DIGI INTERNATIONAL INC (DGII) stock?
ChartMill assigns a technical rating of 10 / 10 to DGII.
Can you provide the trend direction for DIGI INTERNATIONAL INC?
The current trend direction for DIGI INTERNATIONAL INC (DGII) is Bullish.
What is the RSI signal for DIGI INTERNATIONAL INC (DGII) stock?
DIGI INTERNATIONAL INC (DGII) has an RSI value of 66.7168. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIGI INTERNATIONAL INC?
The short term momentum for DIGI INTERNATIONAL INC (DGII) is positive.
What is the buy/sell signal for DGII stock?
The buy/sell signal for DIGI INTERNATIONAL INC (DGII) is buy as both the short term and long term trends are positive.