DIGI INTERNATIONAL INC (DGII) Stock Technical Analysis
NASDAQ:DGII - Nasdaq - US2537981027 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to DGII. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month DGII has a been trading in the 32.31 - 36.19 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that DGII is one of the better performing stocks in the market, outperforming 81% of all stocks.
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.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
DGII is part of the Communications Equipment industry. There are 48 other stocks in this industry, DGII did better than 51% of them.
DGII has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 33.08, a Stop Loss order could be placed below this zone.
More info and screens
24.55
36.31
2 important support areas can be observed.
- A support zone ranging from 32.16 to 33.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.80 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.53 to 33.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 35.68 to 35.95. 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 | DOWN | NEGATIVE | The short term trend for DGII is down. |
| ChartMill Relative Strength | 81.87 | POSITIVE | DGII has a high relative strength, it outperformed 81.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DGII is below 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) | 45.26 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests DGII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.6 | NEUTRAL | The Stochastics value for DGII is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DGII suggests some volalility. |
| Average Directional Index/ADX (14) | 15.22 | 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 |
|---|---|---|---|
| 33.72 | 32.30 | 1.42 (4.21%) | 23.75% |
| An entry @33.72. This is a Buy Stop order right above the resistance zone. | An exit @32.30. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.42 points, which is 4.21%. | When investing 23.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DGII. Please evaluate whether better entry and exit points can be found.
- 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.
33.25
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.09%
1 Week1.19%
2 Weeks-5.89%
1 Month-2.21%
3 Month20.21%
6 Month3.84%
12 Month25.95%
2 Year-20.7%
3 Year16.71%
5 Year174.34%
10 Year228.56%
15 Year300.12%
Volatility
ATR(14)0.99
ATR(20)%2.76%
ATR Inc-45.57%
Range Today0.52
ADR(20)0.91
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.87
Mansfield0.08
10 Day High35.57
10 Day Low32.31
20 Day High36.19
20 Day Low32.31
52 Week High37.07
52 Week Low20.17
CS1 End33.08
CR1 Start33.53
Volume & EV
DER(3)-0.59%
DER(5)-1.06%
Volume132.90K
Volume Incr-12.94%
Vol(5)132.90K
Vol(50)152.64K