ITM POWER PLC (IJ8.DE) Stock Technical Analysis
FRA:IJ8 - Deutsche Boerse Ag - GB00B0130H42 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to IJ8. Both in the recent history as in the last year, IJ8 has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
IJ8 is part of the Electrical Equipment industry. There are 52 other stocks in this industry. IJ8 outperforms 90% of them.
In the last month IJ8 has a been trading in the 0.36 - 0.60 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IJ8 did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
IJ8 is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IJ8 is lagging the market slightly.
Although IJ8 has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.31
0.61
We found 2 important support areas.
- Support @0.40 from a horizontal line in the daily time frame.
- Support @0.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IJ8.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IJ8.DE is up. |
| ChartMill Relative Strength | 94.41 | POSITIVE | IJ8.DE has a high relative strength, it outperformed 94.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IJ8.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IJ8.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IJ8.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.47 | NEUTRAL | The RSI value for IJ8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IJ8.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.76 | OVERBOUGHT | The high Stochastics value suggests IJ8.DE may be overbought. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for IJ8.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 48.96 | POSITIVE | The high ADX value value for IJ8.DE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:IJ8 (5/26/2025, 7:00:00 PM)
0.578
+0.03 (+5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.19%
1 Week5.19%
2 Weeks15.48%
1 Month52.03%
3 Month80.51%
6 Month40.91%
12 Month-23.19%
2 Year-27.62%
3 Year-83.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%6.53%
ATR Inc-11.79%
Range Today0.04
ADR(20)0.03
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.41
Mansfield1.47
10 Day High0.6
10 Day Low0.51
20 Day High0.6
20 Day Low0.36
52 Week High0.84
52 Week Low0.3
CS1 End0.4
CR1 Start0.59
Volume & EV
DER(3)0%
DER(5)0%
Volume31.71K
Volume Incr-22.5%
Vol(5)147.48K
Vol(50)133.00K