DIGI INTERNATIONAL INC (DGII) Stock Technical Analysis
NASDAQ:DGII - Nasdaq - US2537981027 - Common Stock - Currency: USD
Overall DGII gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DGII has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DGII did better than 91% of all other stocks.
DGII is one of the better performing stocks in the Communications Equipment industry, it outperforms 71% of 50 stocks in the same industry.
DGII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DGII is lagging the market slightly.
In the last month DGII has a been trading in the 31.76 - 35.44 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, DGII also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.04
36.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.90 to 34.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 32.91 to 32.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.67 from a trend line in the weekly time frame.
- Support @22.26 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.12 to 35.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 91.54 | POSITIVE | DGII has a high relative strength, it outperformed 91.54% 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) | 64.71 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DGII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.55 | OVERBOUGHT | The high Stochastics value suggests DGII may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for DGII suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for DGII suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 35.70 | 33.77 | 1.93 (5.41%) | 18.50% |
| An entry @35.70. This is a Buy Stop order right above the resistance zone. | An exit @33.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.93 points, which is 5.41%. | For a 1.00% total portfolio risk, you can invest 18.50% 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.
34.86
-0.03 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.09%
1 Week2.53%
2 Weeks5.48%
1 Month7.56%
3 Month44.53%
6 Month16.51%
12 Month51.96%
2 Year-11.5%
3 Year43.93%
5 Year199.23%
10 Year265.03%
15 Year321.52%
Volatility
ATR(14)0.75
ATR(20)%2.16%
ATR Inc-2.59%
Range Today0.61
ADR(20)0.72
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.54
Mansfield0.85
10 Day High35.44
10 Day Low32.74
20 Day High35.44
20 Day Low31.76
52 Week High37.07
52 Week Low20.17
CS1 End33.9
CR1 Start35.12
Volume & EV
DER(3)-2.6%
DER(5)-1.72%
Volume145.20K
Volume Incr5.14%
Vol(5)157.98K
Vol(50)164.51K