RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PLUS
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Stronger technical forecast for ePlus inc. stock price after Thursday trading.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The ePlus inc. stock price gained 0.705% on the last trading day (Thursday, 28th Mar 2024), rising from $77.99 to $78.54. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.61% from a day low at $77.33 to a day high of $78.58. The price has been going up and down for this period, and there has been a -1.48% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 109 thousand more shares were traded than the day before. In total, 188 thousand shares were bought and sold for approximately $14.78 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.51% during the next 3 months and, with a 90% probability hold a price between $72.15 and $86.69 at the end of this 3-month period.

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PLUS Signals & Forecast

There are mixed signals in the stock today. The ePlus inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $78.85. On a fall, the stock will find some support from the short-term average at $77.37. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, March 01, 2024, and so far it has fallen -5.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for ePlus inc. stock

ePlus inc. finds support from accumulated volume at $77.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.25 between high and low, or 1.61%. For the last week, the stock has had daily average volatility of 1.99%.

Our recommended stop-loss: $75.24 (-4.20%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 19 days ago.)

Trading Expectations (PLUS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect ePlus inc. to open at $78.15, and during the day (based on 14 day Average True Range), to move between $76.31 and $80.77, which gives a possible trading interval of +/-$2.23 (+/-2.83%) up or down from last closing price. If ePlus inc. takes out the full calculated possible swing range there will be an estimated 5.67% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $77.93 (0.78%) than the resistance at $79.72 (1.50%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ePlus inc. stock A Buy?

ePlus inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.654 Hold/Accumulate Upgraded

Predicted Opening Price for ePlus inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$78.15 ( 0.499%) $78.54

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PLUS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 79.39 1.09 %
R2 78.92 0.481 %
R1 78.62 0.107 %
Current price: 78.54
Support S1 77.67 -1.10 %
S2 77.38 -1.48 %
S3 76.90 -2.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 82.39 4.90 %
R2 80.35 2.30 %
R1 79.72 1.50 %
Current price 78.54
Support S1 77.93 -0.777%
S2 76.93 -2.05%
S3 68.07 -13.33%

PLUS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 04, 2012 Dec 13, 2012 Dec 26, 2012 $0.625 6.19%

FAQ

What is the symbol for ePlus inc. Stock and on which exchange is it traded?
The symbol for ePlus inc. is PLUS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ePlus inc. Stock?
ePlus inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy ePlus inc. Stock?
ePlus inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ePlus inc. Stock.

What's the current price of ePlus inc. Stock?
As of the end of day on the 2024-03-28, the price of an ePlus inc. (PLUS) share was $78.54.

What is the 52-week high and low for ePlus inc. Stock?
The 52-week high for ePlus inc. Stock is $83.57 and the 52-week low is $41.71.

What is the market capitalization of ePlus inc. Stock?
As of the 2024-03-28, the market capitalization of ePlus inc. is 2.117B.

When is the next earnings date for ePlus inc.?
The upcoming earnings date for ePlus inc. is May 22, 2024.
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About ePlus inc.

ePlus. ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. It operates in two segments, Technology and Financing. The Technology segment offers hardware, perpetual and subscription software, maintenance, software assurance, and internally provided and outsourced services; and professional ... PLUS Profile

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