Digi International Technical Analysis (NASDAQ:DGII)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the Digi International stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the DGII stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Digi International. Technical analysis uses an approach for Digi International stock analysis that does not care for the fair value of a company but uses price and volume data only.
Digi International Moving Average
Moving averages show the DGII stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The 20 day moving average of $12.32 is below the last closing price of $14 and the 50 day moving average of $11.96 is below the last closing price of $14. The 10 and 20 day periods can predict short term moving average trends.
Digi International Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Digi International. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the upper band in the context of Digi International bollinger bands.
Digi International Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Digi International MACD line is below the signal line.
Digi International Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of DGII stock is 88.39.