PLEXUS CORP (PLXS) Stock Technical Analysis
NASDAQ:PLXS - Nasdaq - US7291321005 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PLXS. Although PLXS has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that PLXS is one of the better performing stocks in the market, outperforming 82% of all stocks.
In the last month PLXS has a been trading in the 129.84 - 141.34 range, which is quite wide. It is currently trading near the high of this range.
PLXS is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 56% of 125 stocks in the same industry.
PLXS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLXS is lagging the market.
Volume is considerably higher in the last couple of days.
Although PLXS has an excellent technical rating, it does not present a decent entry opportunity 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
115.91
141.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 129.57 to 135.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.08 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 140.01 to 140.01. 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 | 82.5 | POSITIVE | PLXS has a high relative strength, it outperformed 82.5% off all stocks 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 | POSITIVE | The current price of PLXS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLXS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.43 | NEUTRAL | The RSI value for PLXS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests PLXS has a positive trend. |
| Stochastics (14,3) | 88.26 | OVERBOUGHT | The high Stochastics value suggests PLXS may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PLXS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for PLXS suggests a weak or negative 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)
140
+0.9 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.65%
1 Week2.83%
2 Weeks6.98%
1 Month6.16%
3 Month24.73%
6 Month-11.34%
12 Month36.19%
2 Year42.15%
3 Year49.02%
5 Year88.45%
10 Year267.07%
15 Year379.45%
Volatility
ATR(14)2.93
ATR(20)%1.94%
ATR Inc35.65%
Range Today3.53
ADR(20)2.6
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.5
Mansfield-0.55
10 Day High141.34
10 Day Low129.84
20 Day High141.34
20 Day Low129.84
52 Week High172.89
52 Week Low102
CS1 End133.99
CR1 Start135.54
Volume & EV
DER(3)0.49%
DER(5)1.27%
Volume96.37K
Volume Incr83.09%
Vol(5)248.79K
Vol(50)150.19K