Taking everything into account, LOGI scores 8 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.
Although LOGI has an excellent technical rating, it does not present a decent entry opportunity 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
100.69
We found 2 important support areas.
- A support zone ranging from 110.56 to 112.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
We can see 2 important resistance areas.
- Resistance @120.56 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for LOGI is neutral. |
| ChartMill Relative Strength | 83.64 | POSITIVE | LOGI has a high relative strength, it outperformed 83.64% 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 | MIXED | The current price of LOGI is below 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) | 44.43 | NEUTRAL | The RSI value for LOGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests LOGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.13 | NEUTRAL | The Stochastics value for LOGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for LOGI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for LOGI suggests a weak or negative trend. |
112.77
-7.66 (-6.36%)
LOGITECH INTERNATIONAL-REG / LOGI FAQ
What is the ChartMill technical rating of LOGITECH INTERNATIONAL-REG (LOGI) stock?
ChartMill assigns a technical rating of 8 / 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 44.4271. 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 0.168138, 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 neutral.