RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LOGI
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Green day on Friday for Logitech International S.A.
(Updated on Feb 23, 2024)


Buy or Hold candidate since Feb 20, 2024 Gain 2.11% PDF
The Logitech International S.A. stock price gained 0.719% on the last trading day (Friday, 23rd Feb 2024), rising from $89.00 to $89.64. During the last trading day the stock fluctuated 0.99% from a day low at $89.12 to a day high of $90.00. The price has risen in 8 of the last 10 days and is up by 5.96% over the past 2 weeks. Volume fell on the last day by -71 thousand shares and in total, 288 thousand shares were bought and sold for approximately $25.82 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.93% during the next 3 months and, with a 90% probability hold a price between $79.40 and $90.49 at the end of this 3-month period.

LOGI Signals & Forecast

Mostly positive signals in the chart today. The Logitech International S.A. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $87.65 and $88.72. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 7.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

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Support, Risk & Stop-loss for Logitech International S.A. stock

Logitech International S.A. finds support from accumulated volume at $87.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.88 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: $86.27 (-3.76%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (LOGI) For The Upcoming Trading Day Of Monday 26th

For the upcoming trading day on Monday, 26th we expect Logitech International S.A. to open at $89.59, and during the day (based on 14 day Average True Range), to move between $87.93 and $91.35, which gives a possible trading interval of +/-$1.71 (+/-1.91%) up or down from last closing price. If Logitech International S.A. takes out the full calculated possible swing range there will be an estimated 3.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $87.15 (2.78%) than the resistance at $94.72 (5.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Logitech International S.A. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.741 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Logitech International S.A. of Monday, February 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 26, 2024 Current price
$89.59 ( 0.0595%) $89.64

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 90.47 0.92 %
R2 90.13 0.547 %
R1 89.92 0.316 %
Current price: 89.64
Support S1 89.25 -0.435 %
S2 89.04 -0.666 %
S3 88.71 -1.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 95.93 7.02 %
R2 94.98 5.96 %
R1 94.72 5.67 %
Current price 89.64
Support S1 87.15 -2.78%
S2 85.24 -4.91%
S3 84.86 -5.33%
What is the symbol for Logitech International S.A. Stock and on which exchange is it traded?
The symbol for Logitech International S.A. is LOGI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Logitech International S.A. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Logitech International S.A. Stock?
Logitech International S.A. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Logitech International S.A. Stock.

What's the current price of Logitech International S.A. Stock?
As of the end of day on the 2024-02-23, the price of an Logitech International S.A. (LOGI) share was $89.64.

What is the 52-week high and low for Logitech International S.A. Stock?
The 52-week high for Logitech International S.A. Stock is $96.66 and the 52-week low is $50.26.

What is the market capitalization of Logitech International S.A. Stock?
As of the 2024-02-23, the market capitalization of Logitech International S.A. is 13.894B.

When is the next earnings date for Logitech International S.A.?
The upcoming earnings date for Logitech International S.A. is May 06, 2024.

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About Logitech International S.A.

Logitech International S.A. Logitech International S.A., through its subsidiaries, designs, manufactures, and markets products that connect people to digital and cloud experiences worldwide. The company offers pointing devices, such as wireless mouse; corded and cordless keyboards, living room keyboards, and keyboard-and-mouse combinations; PC webcams; and keyboards for tablets and smartphones, as well as other accessories for mobile devices. It also provides keyboards, mic... LOGI Profile

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