EPLUS INC (PLUS) Stock Technical Analysis
NASDAQ:PLUS - Nasdaq - US2942681071 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to PLUS. In the last year, PLUS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, PLUS is a bad performer in the overall market: 72% of all stocks are doing better.
PLUS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 69% are performing better than PLUS.
PLUS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PLUS has a been trading in the 67.98 - 75.80 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Although the technical rating is bad, PLUS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 68.42, a Stop Loss order could be placed below this zone.
More info and screens
67.66
74.83
We found 1 important support area.
- A support zone ranging from 68.34 to 68.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 68.94 to 71.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.21 to 74.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PLUS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLUS is down. |
| ChartMill Relative Strength | 28.95 | NEGATIVE | PLUS has a low relative strength, it was outperformed by 71.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLUS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLUS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLUS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.01 | NEUTRAL | The RSI value for PLUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests PLUS has a negative trend. |
| Stochastics (14,3) | 13.13 | OVERSOLD | The low Stochastics value suggests PLUS may be oversold. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PLUS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.15 | NEGATIVE | The low ADX value for PLUS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
68.43
-0.84 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.21%
1 Week-2.62%
2 Weeks-5.56%
1 Month-3.96%
3 Month15.83%
6 Month-14.53%
12 Month-16.95%
2 Year21.44%
3 Year23.14%
5 Year83.61%
10 Year255.9%
15 Year1428.31%
Volatility
ATR(14)2.04
ATR(20)%2.9%
ATR Inc-2.54%
Range Today1.92
ADR(20)1.98
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.95
Mansfield-1.88
10 Day High73
10 Day Low67.98
20 Day High75.8
20 Day Low67.98
52 Week High106.98
52 Week Low53.83
CS1 End68.42
CR1 Start68.94
Volume & EV
DER(3)-1.52%
DER(5)-2.41%
Volume132.10K
Volume Incr-38.85%
Vol(5)142.48K
Vol(50)190.82K