PLUG POWER INC (PLUN.DE) Stock Technical Analysis
FRA:PLUN - Deutsche Boerse Ag - US72919P2020 - Common Stock - Currency: EUR
Overall PLUN gets a technical rating of 8 out of 10. PLUN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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 one of the better performing stocks in the Electrical Equipment industry, it outperforms 81% of 54 stocks in the same industry.
In the last month PLUN has a been trading in the 0.92 - 1.55 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PLUN is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PLUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLUN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PLUN has an excellent technical rating, it does not present a decent entry opportunity 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
1.14
2.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @2.04 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 | 89.45 | POSITIVE | PLUN.DE has a high relative strength, it outperformed 89.45% 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 | MIXED | The current price of PLUN.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.44 | NEUTRAL | The RSI value for PLUN.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PLUN.DE has a positive trend. |
| Stochastics (14,3) | 77.15 | NEUTRAL | The Stochastics value for PLUN.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for PLUN.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 35.39 | 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 (7/21/2025, 4:30:24 PM)
1.66
+0.11 (+7.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg7.17%
1 Week12.46%
2 Weeks25%
1 Month60.19%
3 Month91.35%
6 Month-37.62%
12 Month-31.76%
2 Year-86.6%
3 Year-92.46%
5 Year-75.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%7.83%
ATR Inc32.37%
Range Today0.19
ADR(20)0.12
ADR(20)%6.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.45
Mansfield-1.19
10 Day High1.55
10 Day Low1.17
20 Day High1.55
20 Day Low0.92
52 Week High3.3
52 Week Low0.62
CS1 End1.16
CR1 Start1.56
Volume & EV
DER(3)0.07%
DER(5)0.35%
Volume55.13K
Volume Incr-15.06%
Vol(5)646.94K
Vol(50)879.67K