PLUG POWER INC (PLUN.DE) Stock Technical Analysis
FRA:PLUN - Deutsche Boerse Ag - US72919P2020 - Common Stock - Currency: EUR
Taking everything into account, PLUN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PLUN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PLUN is a bad performer in the overall market: 97% of all stocks are doing better.
PLUN is part of the Electrical Equipment industry. There are 54 other stocks in this industry, of which 81% are performing better than PLUN.
PLUN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month PLUN has a been trading in the 0.70 - 1.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, PLUN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone.
More info and screens
0.93
1.63
2 important support areas can be observed.
- A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.94 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @1.05 from a trend line in the daily time frame.
- Resistance @1.07 from a horizontal line in the daily time frame.
- Resistance @1.11 from a horizontal line in the weekly time frame.
- Resistance @1.13 from a trend line in the daily time frame.
- Resistance @1.61 from a trend line in the weekly 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 PLUN.DE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLUN.DE is up. |
| ChartMill Relative Strength | 3.02 | NEGATIVE | PLUN.DE has a low relative strength, it was outperformed by 96.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLUN.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLUN.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLUN.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for PLUN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PLUN.DE has a negative trend. |
| Stochastics (14,3) | 37.87 | NEUTRAL | The Stochastics value for PLUN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for PLUN.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for PLUN.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:PLUN (6/27/2025, 7:00:00 PM)
0.9986
-0.07 (-6.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-6.29%
1 Week3.27%
2 Weeks-9.27%
1 Month22.77%
3 Month-20.65%
6 Month-56.54%
12 Month-55%
2 Year-89.31%
3 Year-93.68%
5 Year-85.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.76%
ATR Inc2.85%
Range Today0.09
ADR(20)0.09
ADR(20)%9.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.02
Mansfield-4.46
10 Day High1.2
10 Day Low0.92
20 Day High1.3
20 Day Low0.7
52 Week High3.3
52 Week Low0.62
CS1 End1
CR1 Start1.05
Volume & EV
DER(3)1.61%
DER(5)1.11%
Volume399.22K
Volume Incr-45.88%
Vol(5)479.92K
Vol(50)854.02K