DIGI INTERNATIONAL INC (DGII) Stock Technical Analysis
USA - NASDAQ:DGII - US2537981027 - Common Stock
We assign a technical rating of 10 out of 10 to DGII. 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.
DGII has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 37.85, a Stop Loss order could be placed below this zone.
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25.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.23 to 37.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.04 to 35.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.52 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 | 86.56 | POSITIVE | DGII has a high relative strength, it outperformed 86.56% 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) | 61.82 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests DGII has a positive trend. |
| Stochastics (14,3) | 47.56 | NEUTRAL | The Stochastics value for DGII is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for DGII suggests some volalility. |
| Average Directional Index/ADX (14) | 26.75 | POSITIVE | The high ADX value value for DGII suggests a strong 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 |
|---|---|---|---|
| 44.80 | 36.22 | 8.58 (19.15%) | 5.22% |
| An entry @44.80. This is a Buy Stop order right above the 10 day high. | An exit @36.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.58 points, which is 19.15%. | For a 1.00% total portfolio risk, you can invest 5.22% of your capital in this trade. |
- 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.
40.02
+1.81 (+4.74%)
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.
What is the trend direction for DGII stock?
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 61.8163. This indicates that the stock is currently neutral.
What is the MACD signal for DGII stock?
The MACD indicator for DIGI INTERNATIONAL INC (DGII) has a value of 0.320198, indicating a bearish trend.
Can you provide the buy/sell signal for DIGI INTERNATIONAL INC?
The buy/sell signal for DIGI INTERNATIONAL INC (DGII) is buy as both the short term and long term trends are positive.