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 PLPC
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Green day on Thursday for Preformed Line Products Company
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 2.57% PDF

The Preformed Line Products Company stock price gained 2.69% on the last trading day (Thursday, 28th Mar 2024), rising from $125.30 to $128.67. During the last trading day the stock fluctuated 2.07% from a day low at $126.63 to a day high of $129.25. The price has fallen in 6 of the last 10 days but is still up by 1.12% over the past 2 weeks. Volume fell on the last day by -8 thousand shares and in total, 13 thousand shares were bought and sold for approximately $1.65 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Preformed Line Products Company stock with a 90% probability to be traded between $123.05 and $140.32 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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PLPC Signals & Forecast

There are mixed signals in the stock today. The Preformed Line Products Company 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 $129.49. On a fall, the stock will find some support from the short-term average at $125.40. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 5.90%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Preformed Line Products Company stock

Preformed Line Products Company finds support from accumulated volume at $128.40 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 $2.62 between high and low, or 2.07%. For the last week, the stock has had daily average volatility of 2.18%.

Our recommended stop-loss: $124.14 (-3.52%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Preformed Line Products Company to open at $128.18, and during the day (based on 14 day Average True Range), to move between $123.87 and $133.47, which gives a possible trading interval of +/-$4.80 (+/-3.73%) up or down from last closing price. If Preformed Line Products Company takes out the full calculated possible swing range there will be an estimated 7.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $128.40 (0.21%) than the resistance at $129.01 (0.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Preformed Line Products Company stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Preformed Line Products Company stock to perform well in the short-term period.

Current score: 1.597 Buy Candidate Unchanged

Predicted Opening Price for Preformed Line Products Company of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$128.18 ( 0.378%) $128.67

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

Trading levels for PLPC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 130.80 1.66 %
R2 129.80 0.88 %
R1 129.18 0.400 %
Current price: 128.67
Support S1 127.18 -1.16 %
S2 126.56 -1.64 %
S3 125.56 -2.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 133.14 3.47 %
R2 129.49 0.637 %
R1 129.01 0.264 %
Current price 128.67
Support S1 128.40 -0.210%
S2 127.52 -0.89%
S3 125.30 -2.62%

PLPC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Apr 01, 2024 Apr 19, 2024 $0.200 0.157%
2 Dec 21, 2023 Jan 04, 2024 Jan 19, 2024 $0.200 0.161%
3 Sep 20, 2023 Sep 29, 2023 Oct 20, 2023 $0.200 0.144%
4 Aug 06, 2023 Jun 30, 2023 Jul 20, 2023 $0.200 0.112%
5 Mar 22, 2023 Mar 31, 2023 Apr 20, 2023 $0.200 0.157%

FAQ

What is the symbol for Preformed Line Products Company Stock and on which exchange is it traded?
The symbol for Preformed Line Products Company is PLPC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Preformed Line Products Company Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Preformed Line Products Company stock to perform well in the short-term period.

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

What's the current price of Preformed Line Products Company Stock?
As of the end of day on the 2024-03-28, the price of an Preformed Line Products Company (PLPC) share was $128.67.

What is the 52-week high and low for Preformed Line Products Company Stock?
The 52-week high for Preformed Line Products Company Stock is $184.82 and the 52-week low is $104.96.

What is the market capitalization of Preformed Line Products Company Stock?
As of the 2024-03-28, the market capitalization of Preformed Line Products Company is 630.99M.

When is the next earnings date for Preformed Line Products Company?
The upcoming earnings date for Preformed Line Products Company is May 01, 2024.
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About Preformed Line Products Company

Preformed Line Products Company Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable operator, information, and other industries. The company offers formed wire products to support, protect, terminate, and secure power conductor and communication cables, as well as to control ca... PLPC Profile

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