EPLUS INC (PLUS) Stock Technical Analysis
NASDAQ:PLUS - US2942681071 - Common Stock
71.73 USD
+2.16 (+3.1%)
71.73 USD
0 (0%)
Taking everything into account, PLUS scores 3 out of 10 in our technical rating. PLUS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
83% of all other stocks performed better in the past year than PLUS.
PLUS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 70% are performing better than PLUS.
In the last month PLUS has a been trading in the 62.42 - 75.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PLUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLUS is lagging the market.
Although the technical rating is bad, PLUS does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.66
74.83
We found 2 important support areas.
- A support zone ranging from 63.79 to 64.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.28 to 62.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.85 to 74.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for PLUS is neutral. |
| ChartMill Relative Strength | 17 | NEGATIVE | PLUS has a low relative strength, it was outperformed by 83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PLUS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PLUS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for PLUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PLUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.14 | NEUTRAL | The Stochastics value for PLUS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for PLUS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for PLUS suggests a possible start of a new 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)
71.73
+2.16 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.1%
1 Week-1.14%
2 Weeks0.74%
1 Month12.78%
3 Month0.87%
6 Month9.38%
12 Month-18.65%
2 Year12.93%
3 Year72.68%
5 Year95.98%
10 Year262.87%
15 Year1237.62%
Volatility
ATR(14)2.06
ATR(20)%3.6%
ATR Inc25.76%
Range Today2.68
ADR(20)2.31
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17
Mansfield-1.28
10 Day High74.1
10 Day Low69.07
20 Day High75.41
20 Day Low62.42
52 Week High106.98
52 Week Low53.83
CS1 End64.47
CR1 Start71.85
Volume & EV
DER(3)2.74%
DER(5)2.52%
Volume258.70K
Volume Incr-14.92%
Vol(5)165.72K
Vol(50)191.05K