Digi International Inc. (NASDAQ:DGII) Jumped Up 0.2%, But Why?

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In its latest trading session, Digi International Inc. (NASDAQ:DGII) spiked up by 0.2% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.274, an Accumulation/Distribution Index (ADI) of 0.274, an On-Balance Volume (OBV) of 216.872, and a Chaiikin Money Flow (CMF) of 17.63. 1.958

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Digi International Inc. (NASDAQ:DGII). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.