We assign a technical rating of 5 out of 10 to PLXS. In the last year, PLXS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, PLXS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 141.18, a Stop Loss order could be placed below this zone. 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
122.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 139.27 to 141.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 132.73 to 135.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.24 from a trend line in the daily time frame.
- Support @123.24 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 143.06 to 143.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @145.62 from a trend line in the weekly time frame.
- A resistance zone ranging from 148.53 to 151.17. 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 PLXS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLXS is up. |
| ChartMill Relative Strength | 33.15 | NEUTRAL | PLXS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLXS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLXS is below 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) | 52.07 | NEUTRAL | The RSI value for PLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests PLXS has a positive trend. |
| Stochastics (14,3) | 71.47 | NEUTRAL | The Stochastics value for PLXS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for PLXS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.39 | NEGATIVE | The low ADX value for PLXS suggests a weak or negative trend. |
142.95
-0.9 (-0.63%)
PLEXUS CORP / PLXS FAQ
What is the ChartMill technical rating of PLEXUS CORP (PLXS) stock?
ChartMill assigns a technical rating of 5 / 10 to PLXS.
What is the current trend direction of PLEXUS CORP (PLXS) stock?
The current trend direction for PLEXUS CORP (PLXS) is Bearish.
Can you provide the RSI signal for PLEXUS CORP?
PLEXUS CORP (PLXS) has an RSI value of 52.0662. This indicates that the stock is currently neutral.
What is the MACD signal for PLXS stock?
The MACD indicator for PLEXUS CORP (PLXS) has a value of 0.366896, indicating a bearish trend.