We assign a technical rating of 7 out of 10 to PLXS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PLXS is only an average performer.
PLXS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 150.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLXS in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
132.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 146.03 to 150.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 138.42 to 140.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 134.28 to 134.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @167.37 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for PLXS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLXS is up. |
| ChartMill Relative Strength | 56.3 | NEUTRAL | PLXS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLXS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLXS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.8 | NEUTRAL | The RSI value for PLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PLXS has a positive trend. |
| Stochastics (14,3) | 80.27 | OVERBOUGHT | The high Stochastics value suggests PLXS may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PLXS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for PLXS suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 158.19 | 146.80 | 11.39 (7.20%) | 13.89% |
| An entry @158.19. This is a Buy Stop order right above the 10 day high. | An exit @146.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.39 points, which is 7.20%. | When investing 13.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
157.72
+2.7 (+1.74%)
PLEXUS CORP / PLXS FAQ
What is the ChartMill technical rating of PLEXUS CORP (PLXS) stock?
ChartMill assigns a technical rating of 7 / 10 to PLXS.
Can you provide the trend direction for PLEXUS CORP?
The current trend direction for PLEXUS CORP (PLXS) is Bullish.
Can you provide the RSI signal for PLEXUS CORP?
PLEXUS CORP (PLXS) has an RSI value of 58.7982. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PLEXUS CORP?
The short term momentum for PLEXUS CORP (PLXS) is positive.
What is the buy/sell signal for PLEXUS CORP (PLXS) stock?
The buy/sell signal for PLEXUS CORP (PLXS) is buy as both the short term and long term trends are positive.