We assign a technical rating of 4 out of 10 to PLXS. PLXS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PLXS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 143.35, 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
We found 4 important support areas.
- A support zone ranging from 138.94 to 141.08. 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 @127.14 from a trend line in the daily time frame.
- Support @123.24 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 143.29 to 145.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for PLXS is neutral. |
| ChartMill Relative Strength | 35.01 | 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) | 53.34 | NEUTRAL | The RSI value for PLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PLXS has a positive trend. |
| Stochastics (14,3) | 61.35 | NEUTRAL | The Stochastics value for PLXS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PLXS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | 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 4 / 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 53.3374. 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 0.190716, indicating a bearish trend.