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Plexus Corp Crosses Below its 10-day MA (PLXS)

By David Diaz

Today, shares of Plexus Corp (NASDAQ:PLXS) have crossed bearishly below their 10-day moving average of $59.26 on a volume of 129K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Plexus Corp share prices have moved between a 52-week high of $66.98 and a 52-week low of $47.63 and are now trading 16% above that low price at $55.37 per share. The 200-day and 50-day moving averages have moved 0.03% higher and 0.03% lower over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Plexus Corp on June 11th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $54.04. Since that recommendation, shares of Plexus Corp have risen 10.8%. We continue to monitor PLXS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses plexus corp

Ticker(s): PLXS