RSI low/high Values: [ 20 - 80 ]
* 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.L
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Green day on Wednesday for ePlus Inc stock after gaining 2.32%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 19, 2024 Gain 3.85% PDF

The ePlus Inc stock price gained 2.32% on the last trading day (Wednesday, 27th Mar 2024), rising from £1,768.00 to £1,809.00. During the last trading day the stock fluctuated 2.03% from a day low at £1,773.00 to a day high of £1,809.00. The price has risen in 7 of the last 10 days and is up by 4.39% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 310 thousand more shares were traded than the day before. In total, 506 thousand shares were bought and sold for approximately £914.68 million.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect ePlus Inc stock with a 90% probability to be traded between £1,732.96 and £1,893.95 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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PLUS.L Signals & Forecast

Mostly positive signals in the chart today. The ePlus Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at £1,771.00 and £1,779.43. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 29, 2024, and so far it has risen 6.41%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy 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 £1,793.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £36.00 between high and low, or 2.03%. For the last week the stock has had daily average volatility of 1.97%.

Our recommended stop-loss: £1,703.14 (-5.85%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 19 days ago.)

Trading Expectations (PLUS.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ePlus Inc to open at £1,797.00, and during the day (based on 14 day Average True Range), to move between £1,765.27 and £1,852.73, which gives a possible trading interval of +/-£43.73 (+/-2.42%) up or down from last closing price. If ePlus Inc takes out the full calculated possible swing range there will be an estimated 4.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £1,815.00 (0.33%) than the support at £1,793.00 (0.88%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ePlus Inc 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 ePlus Inc stock to perform well in the short-term period.

Current score: 3.440 Buy Candidate Unchanged

Predicted Opening Price for ePlus Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£1,797.00 ( 0.663%) £1,809.00

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

Trading levels for PLUS.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1,833.00 1.33 %
R2 1,819.25 0.567 %
R1 1,810.75 0.0968 %
Current price: 1,809.00
Support S1 1,783.25 -1.42 %
S2 1,774.75 -1.89 %
S3 1,761.00 -2.65 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1,825.00 0.88 %
R2 1,822.00 0.719 %
R1 1,815.00 0.332 %
Current price 1,809.00
Support S1 1,793.00 -0.88%
S2 1,750.00 -3.26%
S3 1,733.00 -4.20%

PLUS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Jul 11, 2024 £74.73 4.13%
2 Feb 14, 2023 Feb 23, 2023 Jul 11, 2023 £10.78 0.734%
3 Aug 17, 2022 Aug 25, 2022 Nov 11, 2022 £62.38 3.34%
4 Feb 15, 2022 Feb 24, 2022 Jul 11, 2022 £22.18 1.42%
5 Aug 17, 2021 Aug 26, 2021 Nov 11, 2021 £59.21 4.58%

FAQ

What is the symbol for ePlus Inc Stock and on which exchange is it traded?
The symbol for ePlus Inc is PLUS.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell ePlus Inc 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 ePlus Inc stock to perform well in the short-term period.

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 2024-03-27, the price of an ePlus Inc (PLUS.L) share was £1,809.00.

What is the 52-week high and low for ePlus Inc Stock?
The 52-week high for ePlus Inc Stock is £1,920.00 and the 52-week low is £1,263.00.

What is the market capitalization of ePlus Inc Stock?
As of the 2024-03-27, the market capitalization of ePlus Inc is 1.417B.

When is the next earnings date for ePlus Inc?
The upcoming earnings date for ePlus Inc is Aug 12, 2024.
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About ePlus Inc

ePlus Plus500 Ltd. develops and operates an online and mobile trading platform for individual customers to trade contracts for difference (CFDs). The company's Plus500 Invest, an online trading platform allows its customers to trade CFDs on over 2,500 underlying financial instruments, including equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, shares, and foreign exchange in approximately 50 countries. Its trading platfo... PLUS.L Profile

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