DIGI INTERNATIONAL INC (DGII) Stock Technical Analysis
NASDAQ:DGII • US2537981027
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, DGII did better than 88% of all other stocks. On top of that, DGII also shows a nice and consistent pattern of rising prices.
- DGII is one of the better performing stocks in the Communications Equipment industry, it outperforms 72% of 48 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 38.90 - 51.77 range, which is quite wide. It is currently trading near the high of this range.
DGII has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.11, a Stop Loss order could be placed below this zone.
More info and screens
25.85
We found 4 important support areas.
- A support zone ranging from 44.74 to 45.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.53 from a trend line in the weekly time frame.
- Support @42.33 from a horizontal line in the daily time frame.
- Support @26.11 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.01 to 49.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 88.45 | POSITIVE | DGII has a high relative strength, it outperformed 88.45% 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) | 57.19 | NEUTRAL | The RSI value for DGII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DGII has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.6 | NEUTRAL | The Stochastics value for DGII is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for DGII suggests high volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for DGII suggests a weak or negative trend. |
48.82
-1.11 (-2.22%)
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 57.191. 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.