The Battle Of Logitech International S.A. ($LOGI) And TransAct Technologies Incorporated ($TACT)

2019-08-16 | Welcome! Today we compared how two different stocks in the Computer peripheral equipment industry are trading: Logitech International S.A. and TransAct Technologies Incorporated. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Logitech International S.A. opened at 37.82, got to a maximum price of 38.16 and dropped to as low as 37.63 before finishing the session at 37.98. In total there were 130000 shares traded, which is enough to conduct our analysis. Compare that now to TransAct Technologies Incorporated, which opened at 11.6, had a high of 12.14, a low of 11.51, closed at 12.14 and had a total volume of 10700.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Logitech International S.A. TransAct Technologies Incorporated
Accumulation-distribution index 331.32538 28.77595
on-balance volume 38.18 11.75
chaikin money flow

2.11765 1.33333
force index

1.3197 -0.0574
ease of movement rating

-0.00198 0.00226
volume-price trend

-1.28044 1.67258
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Logitech International S.A. TransAct Technologies Incorporated
Average true range 0.47501 0.22234
Bolinger bands 38.47225 11.69185
Upper bollinger band 37.22775 11.42315
Lower bollinger band

37.63 11.51
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

37.87 11.75
High band keltner channel

37.53 11.21
Low band keltner channel

38.21 12.29
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

37.63 11.51
Donchain channel low band

37.63 11.51
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Logitech International S.A. TransAct Technologies Incorporated
Moving Average Convergence Divergence (MACD) trend_macd 0.00213
MACD signal 0.00548 0.00118
MACD difference 0.00439 0.00095
fast Exponential Moving Average (EMA) indicator

37.63 11.51
slow Exponential Moving Average (EMA) indicator

37.63 11.51
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.13423 0.00468
trix

-2.67172 7.9308
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

1.30603 -1.40013
KST Oscillator (KST)

-33.54294 138.4914
KST Oscillator (KST Signal)

-33.54294 138.4914
KST difference

2.82515 2.34919
Ichimoku rating

37.99 11.87
Ichimoku B rating

37.99 11.87
Ichimoku visual trend A

39.30063 10.69931
Ichimoku visual trend B

39.28698 11.24405
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Logitech International S.A. TransAct Technologies Incorporated
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 50.46355 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

-68.29642 93.96026
stochastic oscillator

155.88235 116.66667
stochastic oscillator signal

155.88235 116.66667
Williams %R rating

55.88235 16.66667
awesome oscillator

0.19332 -0.00316

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Logitech International S.A. and TransAct Technologies Incorporated.

Daily return -3.35429 13.84914
Daily log return 1.1625 0.82198
Cumulative return 1.16928 0.82537

So there you have it: our deep, grueling analysis comparing Logitech International S.A. and TransAct Technologies Incorporated together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Logitech International S.A.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether LOGI is strong or weak. Again – this is not a reliable indication of whether Logitech International S.A. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with TransAct Technologies Incorporated

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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