Digi International Stock Technical Analysis

DGII Stock  USD 25.73  1.28  4.74%   
As of the 7th of May, Digi International shows the Mean Deviation of 1.86, downside deviation of 3.93, and Coefficient Of Variation of 2337.11. Digi International technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Digi International, which can be compared to its peers. Please confirm Digi International treynor ratio, and the relationship between the standard deviation and downside variance to decide if Digi International is priced favorably, providing market reflects its regular price of 25.73 per share. Given that Digi International has jensen alpha of 0.1873, we urge you to verify Digi International's prevailing market performance to make sure the company can sustain itself at a future point.

Digi International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Digi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Digi
  
Digi International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Digi International Analyst Consensus

Target PriceAdvice# of Analysts
47.86Strong Buy6Odds
Digi International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Digi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Digi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Digi International, talking to its executives and customers, or listening to Digi conference calls.
Digi Analyst Advice Details
Digi International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Digi International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Digi International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Digi International Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Digi International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Digi International Trend Analysis

Use this graph to draw trend lines for Digi International. You can use it to identify possible trend reversals for Digi International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Digi International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Digi International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Digi International applied against its price change over selected period. The best fit line has a slop of   0.0052  , which may suggest that Digi International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.02, which is the sum of squared deviations for the predicted Digi International price change compared to its average price change.

About Digi International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Digi International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Digi International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Digi International price pattern first instead of the macroeconomic environment surrounding Digi International. By analyzing Digi International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Digi International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Digi International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding50.9745.9552.8462.19
PTB Ratio2.411.792.062.88

Digi International May 7, 2024 Technical Indicators

Most technical analysis of Digi help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Digi from various momentum indicators to cycle indicators. When you analyze Digi charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Digi Stock analysis

When running Digi International's price analysis, check to measure Digi International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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Is Digi International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digi International. If investors know Digi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Earnings Share
0.38
Revenue Per Share
12.146
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0346
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digi International's market value can be influenced by many factors that don't directly affect Digi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.