ITM POWER PLC (IJ8.DE) Stock Technical Analysis
FRA:IJ8 - Deutsche Boerse Ag - GB00B0130H42 - Common Stock - Currency: EUR
Taking everything into account, IJ8 scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IJ8 is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
IJ8 is one of the better performing stocks in the Electrical Equipment industry, it outperforms 96% of 56 stocks in the same industry.
IJ8 is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IJ8 is performing more or less in line with the market.
Looking at the yearly performance, IJ8 did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month IJ8 has a been trading in the 0.53 - 1.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IJ8 has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.40
0.93
We found 2 important support areas.
- Support @0.87 from a horizontal line in the daily time frame.
- Support @0.40 from a horizontal 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 | 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 | 99.16 | POSITIVE | IJ8.DE has a high relative strength, it outperformed 99.16% 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) | UP | POSITIVE | The current price of IJ8.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.37 | NEUTRAL | The RSI value for IJ8.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IJ8.DE has a negative trend. |
| Stochastics (14,3) | 60.73 | NEUTRAL | The Stochastics value for IJ8.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for IJ8.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 62.05 | 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 (6/19/2025, 7:00:00 PM)
0.9175
-0.01 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.18%
1 Week3.15%
2 Weeks28.32%
1 Month63.55%
3 Month164.11%
6 Month118.66%
12 Month63.4%
2 Year10.2%
3 Year-54.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.33%
ATR Inc-59.25%
Range Today0.03
ADR(20)0.09
ADR(20)%9.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.16
Mansfield7.25
10 Day High0.99
10 Day Low0.76
20 Day High1.13
20 Day Low0.53
52 Week High1.13
52 Week Low0.3
CS1 End0.87
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume168.14K
Volume Incr-58.23%
Vol(5)320.14K
Vol(50)416.89K