ITM POWER PLC (ITM.L) Technical Analysis
LON:ITM • GB00B0130H42
Current stock price
ITM.L Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ITM. Although ITM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ITM is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ITM has a been trading in the 60.80 - 144.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ITM.L Weekly and Daily overview Charts
ITM.L Setup Rating and Analysis
Although ITM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ITM.L Support and Resistance Analysis
58.11
We found 2 important support areas.
- Support @60.00 from a horizontal line in the weekly time frame.
- Support @58.70 from a horizontal line in the daily time frame.
ITM.L Technical Indicator Signal Analysis
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 ITM.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITM.L is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ITM.L has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITM.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITM.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITM.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.61 | OVERBOUGHT | The high RSI value suggests ITM.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.78 | POSITIVE | The MACD value suggests ITM.L has a positive trend. |
| Stochastics (14,3) | 84.83 | OVERBOUGHT | The high Stochastics value suggests ITM.L may be overbought. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for ITM.L suggests high volalility. |
| Average Directional Index/ADX (14) | 35.69 | POSITIVE | The high ADX value value for ITM.L suggests a strong trend. |
ITM.L Chart- and CandleStick Pattern Analysis
ITM.L Technicals: Chart, Performance Metrics, Trend & Indicators
LON:ITM (4/21/2026, 2:48:48 PM)
138.3
+10 (+7.79%)
ITM POWER PLC / ITM.L TA FAQ
What is the ChartMill technical rating of ITM POWER PLC (ITM.L) stock?
ChartMill assigns a technical rating of 7 / 10 to ITM.L.
Can you provide the trend direction for ITM POWER PLC?
The current trend direction for ITM POWER PLC (ITM.L) is Bullish.
What is the RSI signal for ITM stock?
ITM POWER PLC (ITM.L) has an RSI value of 87.6143. This indicates that the stock is currently overbought.
What is the MACD signal for ITM POWER PLC (ITM.L) stock?
The MACD indicator for ITM POWER PLC (ITM.L) has a value of 6.77931, indicating a bullish trend.
Can you provide the buy/sell signal for ITM POWER PLC?
The buy/sell signal for ITM POWER PLC (ITM.L) is buy as both the short term and long term trends are positive.