ITM POWER PLC (IJ8.DE) Stock Technical Analysis
FRA:IJ8 • GB00B0130H42
Overall IJ8 gets a technical rating of 3 out of 10. Although IJ8 is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- IJ8 is one of the better performing stocks in the Electrical Equipment industry, it outperforms 91% of 69 stocks in the same industry.
- Looking at the yearly performance, IJ8 did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- 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.
- In the last month IJ8 has a been trading in the 0.67 - 0.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IJ8 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.
More info and screens
0.67
2 important support areas can be observed.
- A support zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.77 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.79 to 0.79. 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 | DOWN | NEGATIVE | The long term trend for IJ8.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IJ8.DE is neutral. |
| ChartMill Relative Strength | 95.5 | POSITIVE | IJ8.DE has a high relative strength, it outperformed 95.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IJ8.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IJ8.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IJ8.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.8 | NEUTRAL | The RSI value for IJ8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IJ8.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.53 | NEUTRAL | The Stochastics value for IJ8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for IJ8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for IJ8.DE suggests a weak or negative trend. |
FRA:IJ8 (3/2/2026, 7:00:00 PM)
0.719
-0.02 (-2.18%)
ITM POWER PLC / IJ8.DE FAQ
What is the ChartMill technical rating of ITM POWER PLC (IJ8.DE) stock?
ChartMill assigns a technical rating of 3 / 10 to IJ8.DE.
What is the trend direction for IJ8 stock?
The current trend direction for ITM POWER PLC (IJ8.DE) is Bearish.
Can you provide the RSI signal for ITM POWER PLC?
ITM POWER PLC (IJ8.DE) has an RSI value of 46.8022. This indicates that the stock is currently neutral.
What is the MACD signal for IJ8 stock?
The MACD indicator for ITM POWER PLC (IJ8.DE) has a value of 0.00176225, indicating a bearish trend.