Taking everything into account, LOGI scores 2 out of 10 in our technical rating. In the last year, LOGI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of LOGI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
105.46
When analyzing the support we notice one important area.
- A support zone ranging from 106.53 to 106.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 120.56 to 120.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 78.16 | POSITIVE | LOGI has a high relative strength, it outperformed 78.16% 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) | DOWN | NEGATIVE | The current price of LOGI is below a declining 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) | 35.25 | NEUTRAL | The RSI value for LOGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests LOGI has a negative trend. |
| Stochastics (14,3) | 12.62 | OVERSOLD | The low Stochastics value suggests LOGI may be oversold. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for LOGI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.96 | NEUTRAL | The ADX value for LOGI suggests a possible start of a new trend. |
106.54
-5.74 (-5.11%)
LOGITECH INTERNATIONAL-REG / LOGI FAQ
What is the ChartMill technical rating of LOGITECH INTERNATIONAL-REG (LOGI) stock?
ChartMill assigns a technical rating of 2 / 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 35.2539. 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 -0.959209, 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.