PLUG POWER INC (PLUG) Technical Analysis
NASDAQ:PLUG • US72919P2020
Current stock price
3.08 USD
-0.14 (-4.35%)
At close:
3.1101 USD
+0.03 (+0.98%)
After Hours:
PLUG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PLUG. Both in the recent history as in the last year, PLUG 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!
- When comparing the yearly performance of all stocks, we notice that PLUG is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by PLUG over the past year are nicely spread over this period.
- PLUG is part of the Electrical Equipment industry. There are 92 other stocks in this industry. PLUG outperforms 89% of them.
- In the last month PLUG has a been trading in the 2.11 - 3.26 range, which is quite wide. It is currently trading near the high of this range.
- PLUG has an average volume of 81166700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PLUG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLUG is lagging the market.
PLUG Weekly and Daily overview Charts
PLUG Setup Rating and Analysis
PLUG has an excellent technical rating, but the quality of the setup is only medium 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
PLUG Support and Resistance Analysis
1.89
3.11
4 important support areas can be observed.
- Support @2.39 from a trend line in the daily time frame.
- Support @2.12 from a horizontal line in the daily time frame.
- Support @1.99 from a trend line in the weekly time frame.
- Support @1.91 from a trend line in the daily time frame.
PLUG 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 PLUG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLUG is up. |
| ChartMill Relative Strength | 97.93 | POSITIVE | PLUG has a high relative strength, it outperformed 97.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLUG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLUG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLUG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.19 | NEUTRAL | The RSI value for PLUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PLUG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.57 | OVERBOUGHT | The high Stochastics value suggests PLUG may be overbought. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for PLUG suggests high volalility. |
| Average Directional Index/ADX (14) | 39.36 | POSITIVE | The high ADX value value for PLUG suggests a strong trend. |
PLUG Chart- and CandleStick Pattern Analysis
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)
PLUG Technicals: Chart, Performance Metrics, Trend & Indicators
3.08
-0.14 (-4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-4.35%
1 Week4.76%
2 Weeks22.22%
1 Month33.33%
3 Month23.2%
6 Month4.41%
12 Month279.5%
2 Year33.33%
3 Year-65.89%
5 Year-89.2%
10 Year49.51%
15 Year440.35%
Volatility
ATR(14)0.24
ATR(20)%6.82%
ATR Inc75.02%
Range Today0.21
ADR(20)0.2
ADR(20)%6.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.93
3 months CRS92.66
6 months CRS62.98
Mansfield4.54
10 Day High3.26
10 Day Low2.59
20 Day High3.26
20 Day Low2.11
52 Week High4.58
52 Week Low0.69
CS1 End2.39
CR1 StartN/A
Volume & EV
DER(3)3.2%
DER(5)-0.1%
Volume81.86M
Volume Incr19.24%
Vol(5)80.67M
Vol(50)81.17M
PLUG POWER INC / PLUG TA FAQ
What is the technical rating for PLUG stock?
ChartMill assigns a technical rating of 10 / 10 to PLUG.
What is the trend direction for PLUG stock?
The current trend direction for PLUG POWER INC (PLUG) is Bullish.
What is the RSI signal for PLUG POWER INC (PLUG) stock?
PLUG POWER INC (PLUG) has an RSI value of 66.1871. This indicates that the stock is currently neutral.
What is the short term momentum for PLUG POWER INC (PLUG) stock?
The short term momentum for PLUG POWER INC (PLUG) is positive.
Can you provide the buy/sell signal for PLUG POWER INC?
The buy/sell signal for PLUG POWER INC (PLUG) is buy as both the short term and long term trends are positive.