DGII Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top DGII on May 02, 2024, netting in a 17.61% gain over 6 days

A.I.dvisor
at Tickeron.com
05/03/24
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+17.61% Gain from a Successful pattern Head-and-Shoulders Top
DGII - Digi International
Ticker: DGII
Company: Digi International
Gain from shortening: +17.61%
Confirmed: 05/02/24
Succeeded: 05/02/24
Total length: 6 days
On April 26, 2024, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for Digi International (DGII, $30.95). 6 days later, on May 02, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 02, 2024, the stock hit the target price of $25.61 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.
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General Information

a provider of communications adapters that enable open systems, server-based applications

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Computer Communications
Address
9350 Excelsior Boulevard
Phone
+1 952 912-3444
Employees
822
Web
https://www.digi.com