PLEXUS CORP. - Daily - Technical analysis published on 12/09/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 75.52 USD
My targets
80.29 USD (+3.60%)
82.94 USD (+7.02%)
My analysis
The bullish trend is currently very strong on PLEXUS CORP.. As long as the price remains above the support at 75.52 USD, you could try to benefit from the boom. The first bullish objective is located at 80.29 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 82.94 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
7.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PLEXUS CORP. rating 77.50 USD. On the day, this instrument gained +1.49% and was between 76.77 USD and 77.74 USD. This implies that the price is at +0.95% from its lowest and at -0.31% from its highest.76.77
77.74
77.50
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PLEXUS CORP. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 60.71 | 65.95 | 75.52 | 77.50 |
| Change (%) | -21.66% | -14.90% | -2.55% | - |
| Change | -16.79 | -11.55 | -1.98 | - |
| Level | 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 | 74.53 | 75.03 | 75.70 | 76.20 | 76.87 | 77.37 | 78.04 |
| Camarilla | 76.04 | 76.15 | 76.25 | 76.36 | 76.47 | 76.57 | 76.68 |
| Woodie | 74.61 | 75.07 | 75.78 | 76.24 | 76.95 | 77.41 | 78.12 |
| Fibonacci | 75.03 | 75.48 | 75.76 | 76.20 | 76.65 | 76.93 | 77.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.16 | 74.40 | 75.15 | 76.40 | 77.15 | 78.39 | 79.14 |
| Camarilla | 75.35 | 75.53 | 75.72 | 75.90 | 76.08 | 76.27 | 76.45 |
| Woodie | 72.91 | 74.28 | 74.90 | 76.27 | 76.90 | 78.27 | 78.89 |
| Fibonacci | 74.40 | 75.17 | 75.64 | 76.40 | 77.16 | 77.63 | 78.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68.41 | 70.60 | 73.25 | 75.45 | 78.10 | 80.29 | 82.94 |
| Camarilla | 74.57 | 75.01 | 75.46 | 75.90 | 76.34 | 76.79 | 77.23 |
| Woodie | 68.63 | 70.72 | 73.48 | 75.56 | 78.32 | 80.41 | 83.17 |
| Fibonacci | 70.60 | 72.45 | 73.60 | 75.45 | 77.30 | 78.44 | 80.29 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 65.39 | |
| MACD (12,26,9): | 1.4200 | |
| Directional Movement: | 12.61 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 77.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 73.30 | |
| Elder Ray (13): | 1.31 | |
| Super Trend (3,10): | 72.92 | |
| Zig ZAG (10): | 77.50 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 74.15 | |
| TEMA (21): | 76.70 | |
| Williams %R (14): | -5.29 | |
| Chande Momentum Oscillator (20): | 0.44 | |
| Repulse (5,40,3): | 1.8200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3700 | |
| Courbe Coppock: | 1.37 |
| MA7: | 75.91 | |
| MA20: | 75.94 | |
| MA50: | 70.49 | |
| MA100: | 64.80 | |
| MAexp7: | 76.23 | |
| MAexp20: | 75.32 | |
| MAexp50: | 71.51 | |
| MAexp100: | 67.22 | |
| Price / MA7: | +2.09% | |
| Price / MA20: | +2.05% | |
| Price / MA50: | +9.94% | |
| Price / MA100: | +19.60% | |
| Price / MAexp7: | +1.67% | |
| Price / MAexp20: | +2.89% | |
| Price / MAexp50: | +8.38% | |
| Price / MAexp100: | +15.29% |
News
Don"t forget to follow the news on PLEXUS CORP.. At the time of publication of this analysis, the latest news was as follows:
- Plexus Media's Proprietary Technology Secures Unique Access to Network of 300K Potential Investors
- Plexus Media Launches Proprietary Investor Marketing Programs
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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