LOGITECH INTERNATIONAL-REG (LOGI) Stock Technical Analysis
USA - NASDAQ:LOGI - CH0025751329 - Common Stock
108.35 USD
-0.3 (-0.28%)
108.35 USD
0 (0%)
We assign a technical rating of 9 out of 10 to LOGI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOGI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
LOGI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
LOGI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, LOGI did better than 83% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
LOGI is part of the Technology Hardware, Storage & Peripherals industry. There are 33 other stocks in this industry, LOGI did better than 65% of them.
Besides having an excellent technical rating, LOGI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
95.89
109.84
We found 1 important support area.
- A support zone ranging from 96.86 to 98.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 108.36 to 108.75. 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 LOGI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOGI is up. |
| ChartMill Relative Strength | 83.35 | POSITIVE | LOGI has a high relative strength, it outperformed 83.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOGI is above the rising 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) | 71.04 | OVERBOUGHT | The high RSI value suggests LOGI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LOGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.05 | OVERBOUGHT | The high Stochastics value suggests LOGI may be overbought. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for LOGI suggests low volalility. |
| Average Directional Index/ADX (14) | 31.73 | POSITIVE | The high ADX value value for LOGI suggests a strong 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 |
|---|---|---|---|
| 108.76 | 101.18 | 7.58 (6.96%) | 14.36% |
| An entry @108.76. This is a Buy Stop order right above the resistance zone. | An exit @101.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.58 points, which is 6.96%. | When investing 14.36% 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.
108.35
-0.3 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.28%
1 Week1.03%
2 Weeks4.19%
1 Month10.17%
3 Month27.47%
6 Month20.9%
12 Month25.89%
2 Year57.17%
3 Year135.54%
5 Year40.15%
10 Year726.47%
15 Year521.63%
Volatility
ATR(14)1.55
ATR(20)%1.44%
ATR Inc-38.76%
Range Today1.3
ADR(20)1.32
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.35
Mansfield1.07
10 Day High108.95
10 Day Low101.2
20 Day High108.95
20 Day Low97.57
52 Week High108.95
52 Week Low64.73
CS1 End98.52
CR1 Start108.36
Volume & EV
DER(3)1.94%
DER(5)0.79%
Volume265.20K
Volume Incr-4%
Vol(5)452.50K
Vol(50)601.03K