DIGI INTERNATIONAL INC (DGII) Technical Analysis
NASDAQ:DGII • US2537981027
Current stock price
DGII Technical Rating and Analysis
Taking everything into account, DGII scores 9 out of 10 in our technical rating. In the last year, DGII was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month DGII has a been trading in the 47.00 - 51.70 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, DGII did better than 90% of all other stocks. We also observe that the gains produced by DGII over the past year are nicely spread over this period.
- DGII is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DGII is performing more or less in line with the market.
- DGII is an average performer in the Communications Equipment industry, it outperforms 68% of 48 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
DGII Weekly and Daily overview Charts
DGII Setup Rating and Analysis
DGII has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.06, a Stop Loss order could be placed below this zone.
More info and screens
DGII Support and Resistance Analysis
25.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 46.15 to 47.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.77 from a trend line in the weekly time frame.
- A support zone ranging from 40.83 to 40.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 49.55 to 50.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.23 from a horizontal line in the daily time frame.
DGII Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for DGII is neutral. |
| ChartMill Relative Strength | 90.86 | POSITIVE | DGII has a high relative strength, it outperformed 90.86% 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 | 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) | 45.63 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests DGII has a negative trend. |
| Stochastics (14,3) | 36.4 | NEUTRAL | The Stochastics value for DGII is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for DGII suggests some volalility. |
| Average Directional Index/ADX (14) | 10.13 | NEGATIVE | The low ADX value for DGII suggests a weak or negative trend. |
DGII Chart- and CandleStick Pattern Analysis
DGII Example Setup
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 |
|---|---|---|---|
| 50.22 | 47.18 | 3.04 (6.06%) | 16.49% |
| An entry @50.22. This is a Buy Stop order right above the resistance zone. | An exit @47.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.04 points, which is 6.06%. | When investing 16.49% 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.
DGII Technicals: Chart, Performance Metrics, Trend & Indicators
47.79
-1.28 (-2.61%)
DIGI INTERNATIONAL INC / DGII TA FAQ
What is the ChartMill technical rating of DIGI INTERNATIONAL INC (DGII) stock?
ChartMill assigns a technical rating of 9 / 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 45.6308. 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 neutral.