ITM POWER PLC (IJ8.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:IJ8 - GB00B0130H42 - Common Stock
Overall IJ8 gets a technical rating of 2 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.
Although the technical rating is bad, IJ8 does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone.
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0.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.77 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.85 from a trend line in the weekly time frame.
- Resistance @0.92 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for IJ8.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IJ8.DE is down. |
| ChartMill Relative Strength | 85.55 | POSITIVE | IJ8.DE has a high relative strength, it outperformed 85.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IJ8.DE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IJ8.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IJ8.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.73 | 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. |
| Stochastics (14,3) | 66.85 | NEUTRAL | The Stochastics value for IJ8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IJ8.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for IJ8.DE suggests a weak or negative trend. |
FRA:IJ8 (1/6/2026, 7:00:00 PM)
0.7575
-0.01 (-1.17%)
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 2 / 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 47.7319. 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 0.00735151, indicating a bearish trend.