SmarTrend identified a Downtrend for Plexus (NASDAQ:PLXS) on September 27th, 2012 at $30.46. In approximately 2 months, Plexus has returned 24.23% as of today's recent price of $23.08.

In the past 52 weeks, shares of Plexus have traded between a low of $19.63 and a high of $38.50 and are now at $23.08, which is 18% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.2%.

Plexus Corp. is a participant in the Electronics Manufacturing Services (EMS) Industry, providing product design,supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure,Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Plexus.

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