EPLUS INC (PLUS) Stock Technical Analysis
NASDAQ:PLUS - Nasdaq - US2942681071 - Common Stock - Currency: USD
Taking everything into account, PLUS scores 6 out of 10 in our technical rating. PLUS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PLUS has a been trading in the 64.46 - 73.36 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PLUS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
PLUS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, PLUS did better than 46% of them.
PLUS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLUS is lagging the market slightly.
PLUS has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
68.25
73.53
We found 1 important support area.
- A support zone ranging from 68.94 to 70.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.37 to 72.80. 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 | UP | POSITIVE | The short term trend for PLUS is up. |
| ChartMill Relative Strength | 57.22 | NEUTRAL | PLUS is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PLUS is above 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) | 58.98 | NEUTRAL | The RSI value for PLUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests PLUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.57 | NEUTRAL | The Stochastics value for PLUS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for PLUS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for PLUS suggests a strong 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)
71.25
+0.83 (+1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.18%
1 Week-0.59%
2 Weeks0.58%
1 Month7.15%
3 Month11.07%
6 Month-3.72%
12 Month-2.9%
2 Year26.55%
3 Year34.13%
5 Year101.61%
10 Year271.82%
15 Year1528.57%
Volatility
ATR(14)1.58
ATR(20)%2.66%
ATR Inc26.39%
Range Today1.23
ADR(20)1.84
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.22
Mansfield-1.23
10 Day High73.36
10 Day Low68
20 Day High73.36
20 Day Low64.46
52 Week High106.98
52 Week Low53.83
CS1 End70.95
CR1 Start71.37
Volume & EV
DER(3)0.54%
DER(5)-0.9%
Volume161.70K
Volume Incr-16.02%
Vol(5)138.76K
Vol(50)161.76K