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EPLUS INC (PLUS) Stock Technical Analysis

NASDAQ:PLUS - Nasdaq - US2942681071 - Common Stock

81.23  -1 (-1.22%)

Technical Rating and Analysis

2

Taking everything into account, PLUS scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PLUS was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, PLUS is a bad performer in the overall market: 72% of all stocks are doing better.
PLUS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 61% are performing better than PLUS.
In the last month PLUS has a been trading in the 71.76 - 82.42 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PLUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLUS is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
EPLUS INC / PLUS Weekly stock chart
EPLUS INC / PLUS Daily stock chart
Setup Rating and Analysis

3

The technical rating of PLUS is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

71.19

102.08

2 important support areas can be observed.

  • A support zone ranging from 80.08 to 81.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 71.91 to 75.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @101.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.09
Mansfield-0.92
10 Day High82.42
10 Day Low73.59
20 Day High82.42
20 Day Low71.76
52 Week High106.98
52 Week Low56.33
Performance
1 Week6.32%
2 Weeks10.52%
1 Month10.78%
3 Month-15.74%
6 Month-9.66%
12 Month8.18%
2 Year65.19%
3 Year78.88%
5 Year106.3%
10 Year387.72%
15 Year1992.37%
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)
Technical Indicators
MACD(12,26,9)1.19
RSI(14)67.97
LBB71.17
UBB82.26
EPLUS INC / PLUS Daily stock chart

EPLUS INC

NASDAQ:PLUS (1/22/2025, 2:35:54 PM)

81.23

-1 (-1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.22%
1 Week6.32%
2 Weeks10.52%
1 Month10.78%
3 Month-15.74%
6 Month-9.66%
12 Month8.18%
2 Year65.19%
3 Year78.88%
5 Year106.3%
10 Year387.72%
15 Year1992.37%
Volatility
ATR(14)2.12
ATR(20)%2.43%
ATR Inc-8.94%
Range Today2.68
ADR(20)1.93
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.09
Mansfield-0.92
10 Day High82.42
10 Day Low73.59
20 Day High82.42
20 Day Low71.76
52 Week High106.98
52 Week Low56.33
CS1 End81.07
CR1 Start101.07
Volume & EV
DER(3)1.94%
DER(5)1.72%
Volume88.58K
Volume Incr-24.76%
Vol(5)167.42K
Vol(50)199.05K