Taking everything into account, LOGI scores 6 out of 10 in our technical rating. 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.
LOGI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
100.69
We found 3 important support areas.
- A support zone ranging from 110.04 to 112.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.95 from a trend line in the daily time frame.
- A support zone ranging from 101.71 to 101.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @122.99 from a horizontal line 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 LOGI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOGI is down. |
| ChartMill Relative Strength | 86.73 | POSITIVE | LOGI has a high relative strength, it outperformed 86.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOGI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for LOGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests LOGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.22 | NEUTRAL | The Stochastics value for LOGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for LOGI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for LOGI suggests a possible start of a new 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 |
|---|---|---|---|
| 119.48 | 110.03 | 9.45 (7.91%) | 12.64% |
| An entry @119.48. This is a Buy Stop order right above the 10 day high. | An exit @110.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.45 points, which is 7.91%. | When investing 12.64% 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.
112.73
+2.17 (+1.96%)
LOGITECH INTERNATIONAL-REG / LOGI FAQ
What is the ChartMill technical rating of LOGITECH INTERNATIONAL-REG (LOGI) stock?
ChartMill assigns a technical rating of 6 / 10 to LOGI.
Can you provide the trend direction for LOGITECH INTERNATIONAL-REG?
The current trend direction for LOGITECH INTERNATIONAL-REG (LOGI) is Bullish.
Can you provide the RSI signal for LOGITECH INTERNATIONAL-REG?
LOGITECH INTERNATIONAL-REG (LOGI) has an RSI value of 48.6792. This indicates that the stock is currently neutral.
What is the MACD signal for LOGITECH INTERNATIONAL-REG (LOGI) stock?
The MACD indicator for LOGITECH INTERNATIONAL-REG (LOGI) has a value of -0.772398, indicating a bearish trend.
What is the short term momentum for LOGITECH INTERNATIONAL-REG (LOGI) stock?
The short term momentum for LOGITECH INTERNATIONAL-REG (LOGI) is negative.