PLUG POWER INC (PLUN.DE) Stock Technical Analysis
FRA:PLUN - Deutsche Boerse Ag - US72919P2020 - Common Stock - Currency: EUR
Taking everything into account, PLUN scores 6 out of 10 in our technical rating. In the past year, PLUN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PLUN is part of the Electrical Equipment industry. There are 55 other stocks in this industry. PLUN outperforms 85% of them.
Looking at the yearly performance, PLUN did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month PLUN has a been trading in the 1.19 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLUN has only a medium technical rating, but it does show 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
1.21
1.99
2 important support areas can be observed.
- A support zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.22 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- Resistance @1.40 from a horizontal line in the daily time frame.
- Resistance @1.48 from a trend line in the daily time frame.
- Resistance @1.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.97 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 | NEUTRAL | NEUTRAL | The long term trend for PLUN.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLUN.DE is up. |
| ChartMill Relative Strength | 93.65 | POSITIVE | PLUN.DE has a high relative strength, it outperformed 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLUN.DE is above a declining 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) | 54.77 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 44.91 | NEUTRAL | The Stochastics value for PLUN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.45 | HIGH VOLATILITY | The high ATR as a percentage value for PLUN.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.15 | 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 (8/15/2025, 7:00:00 PM)
1.3936
+0.01 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1%
1 Week7.98%
2 Weeks12.41%
1 Month-10.03%
3 Month118.13%
6 Month-16.01%
12 Month-29.97%
2 Year-82.63%
3 Year-94.99%
5 Year-87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.45%
ATR Inc-18.7%
Range Today0.1
ADR(20)0.11
ADR(20)%7.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield-1.92
10 Day High1.46
10 Day Low1.22
20 Day High1.72
20 Day Low1.19
52 Week High3.3
52 Week Low0.62
CS1 End1.26
CR1 Start1.4
Volume & EV
DER(3)0.18%
DER(5)0.09%
Volume333.13K
Volume Incr-25.07%
Vol(5)518.05K
Vol(50)826.21K