Keltner Channel Watch for This Stock: Digi International Inc. (NASDAQ:DGII): 20 Day Lower Band is 11.503837

Investors might be trying to figure out how to play the stock market at current levels. The optimist may see much more upward action in the future while the pessimist may be waiting for the impending disaster. Buying into the market at these levels will no doubt come with a bit of caution. Even at these levels, there may still be some good buys. The average individual investor may need to spend a little more time doing the homework, but it may pay off handsomely if the stock market decides to break out higher. As companies start to report quarterly earnings, investors will be watching to see what types of trends emerge. A generally upbeat earnings season may give the bulls more strength to breakout and continue the charge higher into the later stages of the year. 

Traders use pivot point analysis to help determine key levels where a stock price may react. Tracking these turn around levels may help the trader while attempting stock analysis. Looking at some current one month pivots for Digi International Inc. (NASDAQ:DGII), we note that the Fibonacci pivot is 11.75 while the Fibonacci support 1 pivot is 11.56282, and the Fibonacci support 2 is 11.44718. Checking on the one month Woodie pivot, we note the level at 11.8775. The Woodie support 1 pivot is 11.805, and the Woodie resistance 1 pivot is 12.295.

Following recent trading activity, we note that Digi International Inc. (NASDAQ:DGII) has seen a move of 0.5089058% since the open. The prior close was 11.85 and the one month high price is currently 12.99. 

Shifting the technical focus to Keltner Channels, we see that the 20 day upper envelope is 12.026315. The 20 day lower envelope is currently 11.503837. Traders may be watching for a breakthrough of the higher or lower Keltner bands.

After a recent check, we see that the Bull Bear Power reading is 0.044456482. Moving to some volatility readings, we see that the current value is 3.610459. Looking out for the week, volatility is 2.4816132. For the previous month, volatility is at 4.075822. Investors often track volatility across sectors to compare with the overall volatility in the market.

A good way for investors to understand stock price movements is to look at how it has performed at various intervals in the past. Tracking shares of Digi International Inc. (NASDAQ:DGII), we see that the most recent close price was 11.85
Year-to-date: 24.083769
Prior week: 0.9369676
Prior month: 1.109215
Last 6 months:-2.4691358
Last 3 months: -11.235955

Investors might be looking around every corner when analyzing shares of Digi International Inc. (NASDAQ:DGII). Many investors will closely track a stock when it nears a major historical high or low point. Let’s take a quick peek at some major historical highs and lows for the stock:

All time high: 30.75
All time low: 1.6
52 week high: 14.7
52 week low: 9.29
6 month high: 14.7
6 month low: 10.9537
3 month high: 13.7
3 month low: 10.9537
One month high: 12.99
One month low: 10.9537

Traders using technical analysis may be employing moving average indicators to assist with gauging a certain market move or to indicate its strength. Many traders will rely on the EMA or Exponential Moving Average to accomplish this. Checking on some recent levels we can see that the 10 day EMA is 11.775433, the 20 day is 11.765076, and the 30 day is 11.769295. Pulling back a bit, we note that the 100 day EMA is 12.060019, the 50 day is 11.826389, and the 200 day EMA is 12.265862.

Investors will be paying extra close attention to company earnings reports during this current season. With stocks bordering on all-time highs, any substantial earnings beats may propel stocks to even greater heights. On the flip side, stocks that may be overvalued could see a significant correction if earnings disappoint. Every earnings season has its share of big winners and big losers. Trying to project the stocks that will post large beats for the quarter can be tricky. Even if the research points to a company handily beating on the earnings front, the stock may not always react as expected. Trading around earnings reports can get quite dicey for even the most seasoned investors.