PLEXUS CORP. - Daily - Technical analysis published on 08/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 57.24 USD
My targets
54.83 USD (-4.16%)
52.58 USD (-8.09%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on PLEXUS CORP. as long as the price remains well below 57.24 USD. The next bearish objective for sellers is set at 54.83 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 52.58 USD. If there is any crossing, the next objective would be the support located at 49.53 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PLEXUS CORP. rating is 57.21 USD. The price registered an increase of +1.40% on the session with the lowest point at 55.58 USD and the highest point at 57.78 USD. The deviation from the price is +2.93% for the low point and -0.99% for the high point.55.58
57.78
57.21
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of PLEXUS CORP. in Daily shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.53 | 52.58 | 54.83 | 57.21 | 57.24 | 58.98 | 62.24 |
| Change (%) | -13.42% | -8.09% | -4.16% | - | +0.05% | +3.09% | +8.79% |
| Change | -7.68 | -4.63 | -2.38 | - | +0.03 | +1.77 | +5.03 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.18 | 54.69 | 55.55 | 57.06 | 57.92 | 59.43 | 60.29 |
| Camarilla | 55.77 | 55.99 | 56.20 | 56.42 | 56.64 | 56.85 | 57.07 |
| Woodie | 52.87 | 54.53 | 55.24 | 56.90 | 57.61 | 59.27 | 59.98 |
| Fibonacci | 54.69 | 55.59 | 56.15 | 57.06 | 57.96 | 58.52 | 59.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.19 | 56.12 | 57.32 | 59.25 | 60.45 | 62.38 | 63.58 |
| Camarilla | 57.66 | 57.95 | 58.23 | 58.52 | 58.81 | 59.09 | 59.38 |
| Woodie | 53.83 | 55.94 | 56.96 | 59.07 | 60.09 | 62.20 | 63.22 |
| Fibonacci | 56.12 | 57.32 | 58.05 | 59.25 | 60.45 | 61.18 | 62.38 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.26 | 50.65 | 55.18 | 58.57 | 63.10 | 66.49 | 71.02 |
| Camarilla | 57.53 | 58.26 | 58.98 | 59.71 | 60.44 | 61.16 | 61.89 |
| Woodie | 47.83 | 50.94 | 55.75 | 58.86 | 63.67 | 66.78 | 71.59 |
| Fibonacci | 50.65 | 53.68 | 55.55 | 58.57 | 61.60 | 63.47 | 66.49 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.68 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | -6.28 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 58.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.59 | |
| Elder Ray (13): | -1.38 | |
| Super Trend (3,10): | 61.65 | |
| Zig ZAG (10): | 57.21 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 36.80 | |
| TEMA (21): | 58.09 | |
| Williams %R (14): | -70.89 | |
| Chande Momentum Oscillator (20): | 0.99 | |
| Repulse (5,40,3): | 0.4400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 1.10 |
| MA7: | 58.40 | |
| MA20: | 58.37 | |
| MA50: | 56.26 | |
| MA100: | 58.28 | |
| MAexp7: | 57.85 | |
| MAexp20: | 58.02 | |
| MAexp50: | 57.55 | |
| MAexp100: | 57.61 | |
| Price / MA7: | -2.04% | |
| Price / MA20: | -1.99% | |
| Price / MA50: | +1.69% | |
| Price / MA100: | -1.84% | |
| Price / MAexp7: | -1.11% | |
| Price / MAexp20: | -1.40% | |
| Price / MAexp50: | -0.59% | |
| Price / MAexp100: | -0.69% |
News
The last news published on PLEXUS CORP. at the time of the generation of this analysis was as follows:
- Plexus Corp. to Host Earnings Call
-
The need for Plexus Holdings' POS-GRIP technology 'becoming more critical'
-
Plexus Holdings' IP sees it well positioned for oil & gas sector recovery
- The Plexus Groupe Launches Internship Program
- Why Checking Your Homeowners Insurance Should be a Rite of Spring
This member declared not having a position on this financial instrument or a related financial instrument.
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