PLUG POWER INC.
PLUG POWER INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PLUG
ISIN:

PLUG POWER INC. - Daily - Technical analysis published on 09/02/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 2.22 USD
My targets
2.04 USD (-5.99%)
1.70 USD (-21.66%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on PLUG POWER INC.. As long as you are under the resistance located at 2.22 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.04 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.70 USD as an objective. Crossing it would then enable sellers to target 1.43 USD. If the resistance 2.22 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The PLUG POWER INC. rating is 2.17 USD. The price registered an increase of +0.00% on the session and was between 2.14 USD and 2.24 USD. This implies that the price is at +1.40% from its lowest and at -3.13% from its highest.

2.14
2.24
2.17

The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PLUG POWER INC. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.43 1.70 2.04 2.17 2.22 2.44 2.66
Change (%) -34.10% -21.66% -5.99% - +2.30% +12.44% +22.58%
Change -0.74 -0.47 -0.13 - +0.05 +0.27 +0.49
Level Major Major Major - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.092.112.142.162.192.212.24
Camarilla2.162.162.172.172.182.182.18
Woodie2.102.112.152.162.202.212.25
Fibonacci2.112.132.142.162.182.192.21


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.871.982.042.152.212.322.38
Camarilla2.062.082.092.112.132.142.16
Woodie1.861.972.032.142.202.312.37
Fibonacci1.982.042.082.152.212.252.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.872.012.112.262.362.502.60
Camarilla2.142.172.192.212.232.262.28
Woodie1.842.002.092.252.332.492.58
Fibonacci2.012.112.172.262.352.412.50

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): 50.19
MACD (12,26,9): -0.0200
Directional Movement: -1.53
AROON (14): 14.28
DEMA (21): 2.13
Parabolic SAR (0,02-0,02-0,2): 1.94
Elder Ray (13): 0.04
Super Trend (3,10): 2.24
Zig ZAG (10): 2.17
VORTEX (21): 0.9700
Stochastique (14,3,5): 75.68
TEMA (21): 2.15
Williams %R (14): -21.62
Chande Momentum Oscillator (20): 0.16
Repulse (5,40,3): 0.6200
ROCnROLL: -1
TRIX (15,9): -0.2000
Courbe Coppock: 6.70
MA7: 2.15
MA20: 2.13
MA50: 2.20
MA100: 2.36
MAexp7: 2.15
MAexp20: 2.16
MAexp50: 2.21
MAexp100: 2.23
Price / MA7: +0.93%
Price / MA20: +1.88%
Price / MA50: -1.36%
Price / MA100: -8.05%
Price / MAexp7: +0.93%
Price / MAexp20: +0.46%
Price / MAexp50: -1.81%
Price / MAexp100: -2.69%

This member declared not having a position on this financial instrument or a related financial instrument.

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