Trading Signals: PLUG Stock Price Prediction and Forecast

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Fri. Jun. 9, 2023

Trading Signals: PLUG Stock Price Prediction and Forecast (Wed. Feb. 19, 2020 - Fri. Dec. 22, 2023)

(Plug Power Inc.)
PLUG latest price $9.1750 (-3.88%) ($9.1750 - $9.1750) on Fri. Jun. 9, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.57% (three month average)
RSI   67
Latest Price   $9.1750(-3.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PLUG advances 0.9% a day on average for past five trading days.
Weekly Trend   PLUG advances 4.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support PLUG advance at 0% a week (0% probability)
ICLN(65%)    TAN(61%)    IDRV(59%)    IWN(56%)    IWM(55%)
Factors Impacting PLUG price   PLUG will decline at least -2.285% in a week (0% probabilities).
VIXM(-19%)    VXX(-18%)    TBT(-15%)    UUP(-12%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -2.285% (StdDev 4.57%)
Hourly BBV -1.4 ()
Intraday Trend 0%

5 Day Moving Average   $9.14(0.38%)
10 Day Moving Average   $8.86(3.56%)
20 Day Moving Average   $8.5(7.94%)
To recent high   -29.5%
To recent low   22.9%
Market Cap   $4.614b

Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. Its fuel cell system solution is designed to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some distribution and manufacturing businesses. The company was founded by George C. McNamee and Larry G. Garberding on June 27, 1997 and is headquartered in Latham, NY.

$. PLUG price fluctuates within 6.94% (three month std-dev: 4.57%) daily (68% of days).

Sample size 13 Average positive next day return: 4.25%(69%) Average negative next day return: -2.46%(31%) Sample size 13 Average positive next three day return: 5.31%(54%) Average negative next three day return: -3.86%(46%) Sample size 13 Average positive next weekly return: 6.11%(46%) Average negative next weekly return: -7.34%(54%)

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_9_2023	11.55	8.5	8.86	9.14	9.33	9.36	9.18(-3.88%)	UD	OpenLong	75	0.1	17	80	3	58	20.76	52%	-0.6	35.9	4.57%	-1.4	1.2	67	1.7
2	Jun_8_2023	11.62	8.42	8.78	9.06	9.14	9.54	9.55(0.16%)	UT	OpenLong	75	0.8	27	330	14	64	20.59	52%	-0.6	23.3	4.59%	0.7	1.9	68	2
3	Jun_7_2023	11.69	8.34	8.66	8.85	8.93	9.29	9.53(5.3%)	UT	OpenLong	75	1.3	29	310	20	54	34.61	52%	-0.6	5.9	4.61%	1.1	2.2	65	2.2
4	Jun_6_2023	11.76	8.25	8.58	8.6	8.66	8.73	9.05(7.55%)	UT	OpenLong	75	1	16	80	5	47	23.52	50%	-0.25	-13.5	4.55%	1.7	1.7	67	2.4
5	Jun_5_2023	11.79	8.26	8.55	8.56	8.47	8.56	8.42(-3.99%)	UD	OpenLong	75	-0.3	15	40	0	58	14.74	48%	-0.76	-11.1	4.44%	-1.1	0.3	58	2.3

6	Jun_2_2023	11.88	8.26	8.49	8.53	8.58	8.59	8.77(3.54%)	UT	OpenLong	75	0.4	21	30	7	64	16.05	46%	-0.67	-9.7	4.45%	1.1	0.9	66	2.2
7	Jun_1_2023	11.96	8.29	8.41	8.53	8.47	8.38	8.47(2.05%)	UD	OpenLong	65	0	13	-70	-2	58	22.12	44%	-0.66	-14.7	4.48%	0	0.3	60	2
8	May_31_2023	12.04	8.3	8.37	8.45	8.45	8.57	8.3(-6.27%)	UD	OpenLong	65	-0.3	11	100	-6	61	24.51	48%	-0.5	-11.6	4.48%	-0.3	0	57	1.2
9	May_30_2023	12.1	8.32	8.3	8.45	8.49	8.56	8.85(7.08%)	UT	OpenLong	75	0.5	20	30	3	70	27.57	48%	-0.58	-9.1	4.46%	1.7	0.9	60	1.3
10	May_26_2023	12.17	8.31	8.2	8.56	8.48	8.33	8.27(-1.55%)	UD	OpenLong	75	-0.5	16	-150	4	51	17.36	43%	-0.41	-12.5	4.38%	-0.8	-0.1	41	0.8

11	May_25_2023	12.22	8.35	8.12	8.45	8.63	8.42	8.4(-0.65%)	UD	OpenLong	75	-0.1	7	-110	5	13	14.77	43%	-0.33	-17.8	4.41%	-0.5	0.1	41	0.2
12	May_24_2023	12.26	8.35	8.05	8.34	8.46	8.64	8.45(-4.25%)	DP	OpenShort	-65	0.2	-2	190	3	-15	19.2	43%	-0.33	-22.4	4.44%	-0.7	0.1	48	-0.2
13	May_23_2023	12.3	8.35	7.99	8.26	8.32	8.83	8.83(-0.17%)	N/A	N/A	0	1	9	450	22	-30	25.08	43%	-0.32	-29.8	4.44%	0.8	0.8	50	0.9
14	May_22_2023	12.34	8.37	7.9	8.01	8.12	8.29	8.84(14.36%)	DP	OpenShort	-65	1.4	-2	190	19	-64	35.26	43%	-0.32	-41	4.44%	2	0.8	53	1.2
15	May_19_2023	12.38	8.38	7.92	7.81	7.8	7.8	7.73(-1.72%)	DT	HoldShort	-50	-0.1	-21	-0	2	-90	16.79	35%	-0.32	-50.7	4.07%	-1.5	-1	39	1.6

16	May_18_2023	12.42	8.45	8.06	7.75	7.83	7.95	7.87(-2.18%)	DP	OpenShort	-65	0.2	-19	140	5	-89	20	35%	-0.32	-54.8	4.1%	0.6	-1	38	2.1
17	May_17_2023	12.46	8.5	8.15	7.72	7.73	7.79	8.04(6.49%)	DP	OpenShort	-65	0.5	-20	60	5	-95	20.61	35%	-0.32	-60.1	4.13%	1.4	-0.8	41	1.6
18	May_16_2023	12.5	8.55	8.22	7.67	7.63	7.7	7.55(-3.82%)	DT	OpenShort	-75	-0.2	-30	50	-6	-101	18.13	30%	-0.4	-66.2	4.02%	-0.4	-1.7	42	1.1
19	May_15_2023	12.55	8.63	8.33	7.77	7.71	7.66	7.85(5.16%)	DP	OpenShort	-75	0.1	-38	-70	-16	-102	20.67	33%	-0.4	-70.3	4.03%	1.1	-1.4	40	1.7
20	May_12_2023	12.6	8.71	8.43	8.05	7.74	7.57	7.47(-2.67%)	DT	OpenShort	-75	-1.1	-43	-270	-28	-89	21.16	30%	-0.4	-59.8	4.01%	-1.4	-2.3	32	1.2

21	May_11_2023	12.65	8.79	8.6	8.42	8.2	7.75	7.67(-2.11%)	DT	OpenShort	-75	-1.6	-27	-460	-18	-52	22.88	30%	-0.39	-51	4.04%	-1.3	-2.4	36	1.2
22	May_10_2023	12.7	8.88	8.73	8.65	8.59	7.92	7.84(-2.12%)	DT	OpenShort	-75	-2	-25	-570	-22	-32	20.02	30%	-0.47	-48.9	4.07%	-0.9	-2.5	41	1.1
23	May_9_2023	12.76	8.96	8.81	8.85	8.83	8.65	8.01(-13.88%)	DT	OpenShort	-75	-2.3	-17	-150	-16	-20	50.3	30%	-0.39	-54.5	4.07%	-1.5	-2.6	41	0.7
24	May_8_2023	12.81	8.96	8.91	8.97	9.03	9.25	9.3(-0.11%)	N/A	N/A	0	1.1	8	190	11	-0	14.72	34%	-0.39	-77.3	3.73%	0.9	0.8	54	1.2
25	May_5_2023	12.86	9.05	8.9	8.87	8.86	9	9.31(5.8%)	N/A	N/A	0	1.5	1	110	6	-16	17.59	33%		-120.2	3.71%	1.7	0.9	46	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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