Trading Signals: PLUG Stock Price Prediction and Forecast

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Tue. Oct. 17, 2023

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

(Plug Power Inc.)
PLUG latest price $7.7200 (2.39%) ($7.7200 - $7.7200) on Tue. Oct. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.22% (three month average)
RSI   49
Latest Price   $7.7200(2.39%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PLUG advances 1.5% a day on average for past five trading days.
Weekly Trend   PLUG advances 2.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support PLUG advance at 0% a week (0% probability)
ACES(70%)    ICLN(66%)    TAN(61%)    IDRV(58%)    IWN(55%)
Factors Impacting PLUG price   PLUG will decline at least -2.11% in a week (0% probabilities).
TBT(-15%)    VIXM(-12%)    VXX(-10%)    UUP(-9%)    USO(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -2.11% (StdDev 4.22%)
Hourly BBV 1.3 ()
Intraday Trend 0%

5 Day Moving Average   $7.51(2.8%)
10 Day Moving Average   $7.1(8.73%)
20 Day Moving Average   $7.25(6.48%)
To recent high   -41.4%
To recent low   20.6%
Market Cap   $3.882b

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 7.31% (three month std-dev: 4.22%) daily (68% of days).

Sample size 17 Average positive next day return: 1.61%(59%) Average negative next day return: -2.96%(41%) Sample size 17 Average positive next three day return: 4.2%(59%) Average negative next three day return: -6.04%(41%) Sample size 17 Average positive next weekly return: 8.22%(76%) Average negative next weekly return: -5.2%(24%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231117

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	Oct_17_2023	9.37	7.25	7.1	7.51	7.51	7.63	7.72(2.39%)	UT	OpenLong	75	0.4	18	110	10	41	19.97	49%	-0.21	-33.5	4.22%	1.3	0.9	49	0.5
2	Oct_16_2023	9.39	7.26	6.98	7.4	7.46	7.45	7.54(2.59%)	UT	OpenLong	75	0.3	15	10	16	12	20.89	49%	-0.11	-38.7	4.27%	1.6	0.5	49	0.8
3	Oct_13_2023	9.4	7.29	6.9	7.17	7.36	7.38	7.35(-0.88%)	N/A	N/A	0	0.3	1	100	10	-28	29.42	53%	-0.11	-43.6	4.25%	-1.4	0.1	48	-1.3
4	Oct_12_2023	9.41	7.34	6.9	7.03	7.13	7.47	7.42(-1.53%)	N/A	N/A	0	0.6	3	380	16	-37	26.43	53%	-0.11	-42.1	4.38%	0.5	0.1	50	0.3
5	Oct_11_2023	9.42	7.4	6.91	6.83	6.94	7.34	7.53(5.24%)	N/A	N/A	0	1	2	450	22	-57	66.29	53%	-0.11	-46.2	4.39%	1.3	0.2	48	0.4

6	Oct_10_2023	9.43	7.43	6.92	6.63	6.65	6.79	7.16(11.45%)	DP	OpenShort	-65	0.7	-12	160	13	-88	21.25	50%	-0.21	-53.9	4.35%	2.3	-0.4	37	0.2
7	Oct_9_2023	9.45	7.48	6.95	6.5	6.5	6.53	6.42(-3.31%)	DT	HoldShort	-65	-0.1	-36	30	-6	-126	14.83	44%	-0.11	-59.5	4.11%	-0.2	-1.5	20	-0.1
8	Oct_6_2023	9.46	7.56	7.06	6.58	6.53	6.52	6.64(3.75%)	DP	OpenShort	-75	0.1	-43	-30	-14	-131	16.42	45%	-0.21	-65	4.2%	2	-1.4	24	-0.7
9	Oct_5_2023	9.48	7.63	7.14	6.78	6.56	6.46	6.4(-1.92%)	DT	HoldShort	-65	-0.6	-47	-200	-19	-131	17.25	45%	-0.11	-63.1	4.23%	-0.1	-1.9	14	-0.7
10	Oct_4_2023	9.49	7.73	7.26	7.01	6.87	6.53	6.53(-0.15%)	DT	HoldShort	-65	-0.8	-46	-410	-19	-126	22.45	45%	-0.21	-61.2	4.26%	-0.4	-2	14	-1

11	Oct_3_2023	9.51	7.83	7.42	7.25	7.13	6.66	6.54(-3.97%)	DT	OpenShort	-75	-1.3	-42	-510	-21	-106	23.76	45%	-0.11	-59.8	4.29%	-1.2	-2.3	28	-2.1
12	Oct_2_2023	9.52	7.94	7.59	7.45	7.42	7.2	6.81(-10.7%)	DT	OpenShort	-75	-1.4	-33	-220	-15	-86	33.88	45%	-0.1	-57.6	4.27%	-2	-2.4	29	-1.1
13	Sep_29_2023	9.53	8.03	7.73	7.59	7.62	7.6	7.62(0.59%)	DP	OpenShort	-65	0.1	-16	-10	2	-68	16.31	53%	0	-55.8	4.11%	-0.4	-1	46	-1.3
14	Sep_28_2023	9.53	8.07	7.82	7.59	7.58	7.65	7.58(-1.81%)	DT	OpenShort	-75	0.1	-16	80	0	-63	16.79	53%	0	-53.8	4.18%	-0.4	-1.2	45	-0.9
15	Sep_27_2023	9.53	8.12	7.93	7.55	7.54	7.63	7.72(2.19%)	DP	OpenShort	-75	0.4	-17	80	-3	-57	20.48	53%	0	-51.5	4.18%	1.3	-1	42	-1.6

16	Sep_26_2023	9.53	8.18	7.98	7.63	7.51	7.51	7.55(1.14%)	DP	OpenShort	-75	-0.2	-21	-50	-9	-57	14.12	53%	-0.21	-39.9	4.18%	1	-1.5	36	-3
17	Sep_25_2023	9.55	8.22	8.05	7.77	7.65	7.45	7.47(0.4%)	DP	OpenShort	-75	-0.8	-20	-230	-10	-49	11.54	53%	-0.21	-39.6	4.17%	-0.9	-2	33	-1.5
18	Sep_22_2023	9.57	8.26	8.11	7.9	7.84	7.52	7.44(-2.24%)	DT	OpenShort	-75	-1.4	-26	-310	-18	-48	15.61	53%	-0.1	-40	4.21%	-1.1	-2.4	34	-1
19	Sep_21_2023	9.58	8.29	8.17	8.12	8.02	7.85	7.61(-6%)	DT	OpenShort	-75	-1.8	-23	-190	-19	-35	16.5	53%	-0.21	-36.3	4.21%	-1.8	-2.3	37	-0.9
20	Sep_20_2023	9.6	8.32	8.25	8.35	8.25	8.16	8.09(-1.76%)	DT	OpenShort	-75	-1	-6	-110	-3	-13	10.85	54%	0	-24.7	4.15%	-1.3	-0.9	41	-0

21	Sep_19_2023	9.6	8.34	8.28	8.37	8.41	8.19	8.24(1.04%)	DP	OpenShort	-75	-0.5	-6	-170	-2	-17	10.56	54%	-0.1	-31.6	4.2%	-0.4	-0.4	38	0.9
22	Sep_18_2023	9.61	8.37	8.31	8.38	8.4	8.35	8.15(-4.57%)	DT	OpenShort	-75	-0.9	-5	-30	-2	-13	9.5	54%	-0.1	-35.7	4.23%	-1.9	-0.8	49	1
23	Sep_15_2023	9.62	8.37	8.35	8.35	8.44	8.63	8.54(-2.06%)	N/A	N/A	0	0.7	6	190	10	-6	10.12	56%	0	-46.1	4.2%	0.3	0.5	58	1
24	Sep_14_2023	9.62	8.4	8.34	8.23	8.3	8.46	8.72(6.28%)	N/A	N/A	0	1.8	4	160	9	-10	15.29	56%	0	-64.5	4.2%	1.7	1.2	63	1.5
25	Sep_13_2023	9.62	8.39	8.31	8.14	8.11	8.25	8.21(-1.08%)	DT	OpenShort	-75	0.3	-6	110	-2	-18	10.84	56%		-113.5	4.15%	0.1	-0.7	52	1.3
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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