PLUG POWER INC. - 15 min. - Technical analysis published on 03/10/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 25.83 USD
My targets
26.71 USD (+1.99%)
27.23 USD (+3.97%)
My analysis
The bullish trend is currently very strong on PLUG POWER INC.. As long as the price remains above the support at 25.83 USD, you could try to benefit from the boom. The first bullish objective is located at 26.71 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 27.23 USD as an objective. Crossing it would then enable buyers to target 28.11 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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This analysis was given by Sueyoshi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PLUG POWER INC. rating is 26.19 USD. The price has increased by +2.39% since the last closing with the lowest point at 24.95 USD and the highest point at 26.35 USD. The deviation from the price is +4.97% for the low point and -0.61% for the high point.24.95
26.35
26.19
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PLUG POWER INC.:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of PLUG POWER INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.89 | 21.95 | 24.17 | 26.19 | 26.35 | 29.14 | 32.10 |
| Change (%) | -20.24% | -16.19% | -7.71% | - | +0.61% | +11.26% | +22.57% |
| Change | -5.30 | -4.24 | -2.02 | - | +0.16 | +2.95 | +5.91 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.91 | 24.43 | 25.31 | 25.83 | 26.71 | 27.23 | 28.11 |
| Camarilla | 25.81 | 25.93 | 26.06 | 26.19 | 26.32 | 26.45 | 26.58 |
| Woodie | 24.09 | 24.52 | 25.49 | 25.92 | 26.89 | 27.32 | 28.29 |
| Fibonacci | 24.43 | 24.97 | 25.30 | 25.83 | 26.37 | 26.70 | 27.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.88 | 20.82 | 21.94 | 23.88 | 25.00 | 26.94 | 28.06 |
| Camarilla | 22.23 | 22.51 | 22.79 | 23.07 | 23.35 | 23.63 | 23.91 |
| Woodie | 18.48 | 20.62 | 21.54 | 23.68 | 24.60 | 26.74 | 27.66 |
| Fibonacci | 20.82 | 21.99 | 22.71 | 23.88 | 25.05 | 25.77 | 26.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.95 | 15.62 | 20.46 | 23.13 | 27.97 | 30.64 | 35.48 |
| Camarilla | 23.23 | 23.91 | 24.60 | 25.29 | 25.98 | 26.67 | 27.36 |
| Woodie | 14.03 | 16.16 | 21.54 | 23.67 | 29.05 | 31.18 | 36.56 |
| Fibonacci | 15.62 | 18.49 | 20.27 | 23.13 | 26.00 | 27.78 | 30.64 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 62.44 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 15.64 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 26.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.06 | |
| Elder Ray (13): | 0.30 | |
| Super Trend (3,10): | 25.42 | |
| Zig ZAG (10): | 26.19 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 93.26 | |
| TEMA (21): | 25.99 | |
| Williams %R (14): | -10.23 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | 1.0300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 1.47 |
| MA7: | 24.56 | |
| MA20: | 23.16 | |
| MA50: | 23.35 | |
| MA100: | 29.93 | |
| MAexp7: | 26.00 | |
| MAexp20: | 25.82 | |
| MAexp50: | 25.40 | |
| MAexp100: | 24.89 | |
| Price / MA7: | +6.64% | |
| Price / MA20: | +13.08% | |
| Price / MA50: | +12.16% | |
| Price / MA100: | -12.50% | |
| Price / MAexp7: | +0.73% | |
| Price / MAexp20: | +1.43% | |
| Price / MAexp50: | +3.11% | |
| Price / MAexp100: | +5.22% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on PLUG POWER INC.. At the time of publication of this analysis, the latest news was as follows:
- Thinking about buying stock in Exela Technologies, Robinhood Markets, Plug Power, BlackBerry, or Juniper Networks?
- Thinking about buying stock in Aptorum Group, Ford Motor, American Airlines, Luminar Technologies, or Plug Power?
- Thinking about buying stock in FREYR Battery, Calliditas Therapeutics, Plug Power, Doma, or ATAI Life Sciences?
- Thinking about buying stock in Siyata Mobile, Lucid Group, Plug Power, Norwegian Cruise Line, or TESSCO Technologies?
- Thinking about buying stock in Meten Holding, Lucid Group, ReTo Eco-Solutions, Marathon Oil, or Plug Power?
This member declared not having a position on this financial instrument or a related financial instrument.
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