Trading Signals: PLUG Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

Trading Signals: PLUG Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Feb. 26, 2021)

(Plug Power Inc.)
PLUG latest price $48.3900 (11.57%) ($48.3900 - $48.3900) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Downtrend Pop
Trend Narrative   Downtrend
Average Daily Price Swing   $7.9 (13.55% one month average)
Average Daily Percentage Swing   8.12% (three month average)
Weekly Trend Force   -2.4% (StdDev 8.12%)
Daily Moving Force   -1.5%
Rebound Strength   None(0%)
Trend   -2.58%
Trend Strength   -11.2%
RSI   34
Momentum   1.7
Latest Price   $48.3900(11.57%)
Forecasted Low Price   45.53(-5.9%)
Forecasted High Price   49.36(2%)
Direction of Next Movement   Lower(-5.8%)
% Change Needed to Confirm Rebound   2.7% ((49.7))
% Change Needed for Trend Reversal   11.1%
Hourly Trend -1.7% [$45.86(-0.78), $46.48(-0.01)]
Stocks Behave Similarly   Similar Stock List
Complacency   1
Intraday Reversal Probability   N/A.
Daily Trend   PLUG declines -3% a day on average for past five trading days.
Weekly Trend   PLUG declines -14.9% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support PLUG decline at-1.7% a week (84% probability)
ACES(90%)    TAN(86%)    ICLN(85%)    IBUY(82%)    IWO(77%)
Factors Impacting PLUG price   PLUG will decline at least -0.2% in a week (55% probabilities).
VXX(-70%)    VIXM(-66%)    TBT(-33%)    USO(-21%)    XRT(-9%)
Explanation The decline is sustainable and supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.3

Relative Volatility 0.2 (options are faily valued)

Market Trend Strength   -4.3% (StdDev 8.12%)
Hourly BBV -0.7 ()
Intraday Trend 0%

Next Day Open Price   $48.53(0.28%)
1 - 5 Day Possible Target   $36.38(-24.82%)
Inflection Point   Yes
Resistance Level   $58.3
5 Day Moving Average   $47.38(2.13%)
10 Day Moving Average   $51.79(-6.56%)
20 Day Moving Average   $58.3(-17%)
To recent high   -34%
To recent low   102.8%
Market Cap   $24.336b

Option Sentiment

Earning Release Date   Thu. Mar. 11, 2021
Analyst One Year Target Price   $23.30 ($14.00 - $30.00)
  10 analysts (last updated on Wed. Nov. 11, 2020)
% to Average Target Price   -51.85%
% to Low Target Price   -71.07%
% to High Target Price   -38%

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.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. PLUG price fluctuates within 13.55% (three month std-dev: 8.12% one year average std_dev: 0%) daily (68% of days).
$. PLUG price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_26_2021	58.3 (-1.6%)	51.79 (-3%)	47.38 (-3%)	46.48	45.86(0%)	48.39(11.57%)	48.39-48.39	-1.9(-1.3)	-0.7	-1.5%	-2.4%	0%	-2.58%	-11.2%	34	1.7	Downtrend Pop	Range(-3.9%)	1	-1.3	0.4	Downtrend	45.8(-5.35%)	44.13-49.7	36.89	-34%-102.8%
2	Feb_25_2021	59.16 (-1.4%)	53.26 (-2.8%)	48.83 (-2.7%)	46.49	46.64(0%)	43.37(-13.15%)	43.21-43.37	-2(-2.1)	-3.7	-3%	-3.4%	3.5%	-2.44%	-10%	25	1.6	Growing Downtrend	Range(3.7%)	1	-2.1	0.5	Downtrend	41.61(-4.06%)	40.01-45.33	36.28	-40.8%-81.7%
3	Feb_24_2021	60.31 (-1.4%)	55.37 (-2.6%)	50.2 (-2.4%)	49.57	47.1(0%)	49.94(7.16%)	49.94-49.97	-2.1(-1.5)	-0.5	0.3%	-2.7%	5.4%	-2.26%	-8.2%	29	1.4	Downtrend Pop	Range(-2.1%)	0	-1.7	1.1	Relative Oversold	49.98(0.08%)	44.92-54.13	24.73	-31.9%-109.3%
4	Feb_23_2021	61.47 (-1.2%)	57.08 (-2.4%)	51.45 (-4.6%)	49.63	46.35(0%)	46.6(-4.1%)	37.22-46.6	-2.4(-2.2)	-1.5	-8.9%	-2.9%	11.85%	-2%	-7.1%	29	1.4	Breakdown	Range(2.1%)	0	-2.2	1.5	Growing Downtrend	45.29(-2.82%)	43.76-48.53	48.6	-36.4%-95.3%
5	Feb_22_2021	62.48 (-0.8%)	59.08 (-2%)	53.93 (-5.1%)	52.62	52.04(0%)	48.59(-12.66%)	48.02-48.59	-2.4(-2.4)	-3.1	-3.4%	-2.6%	11.85%	-1.6%	-5.4%	31	1.2	Breakdown	Higher(12.2%)	0	-2.4	1.7	Growing Downtrend	47.72(-1.79%)	46.54-50.42	34.09	-33.7%-103.6%

6	Feb_19_2021	63.46 (-0.6%)	60.87 (-1.4%)	56.84 (-2.8%)	55.25	52.91(0%)	55.63(10.76%)	55.63-55.63	-2.1(-1.6)	-0.8	-1.9%	-1.6%	3.6%	-1.16%	-4.1%	41	1	Downtrend Pop	Range(0.1%)	1	-1.8	1.9	Relative Oversold	56.72(1.96%)	53.68-59.2	32.91	-24.1%-133.8%
7	Feb_18_2021	63.92 (-0.6%)	62.07 (-1%)	58.48 (-4.6%)	57.13	53.21(0%)	50.23(-10.67%)	50.08-50.23	-2(-3)	-2.4	-6.9%	-2.4%	1.8%	-0.9%	-2.9%	25	0.9	Breakdown	Range(-2.2%)	2	-3.1	1.9	Growing Downtrend	49.94(-0.57%)	49.15-52.03	33.17	-31.5%-116.3%
8	Feb_17_2021	64.62 (-0.4%)	63.88 (-0.6%)	61.3 (-3.5%)	60.55	57.6(0%)	56.23(-4.65%)	56.23-56.23	-1.5(-2.5)	-1.9	-4.7%	-1.2%	0%	-0.48%	-1.1%	32	0.7	Breakdown	Range(-3.6%)	3	-2.7	2.1	Growing Downtrend	56.23(0%)	55.79-57.54	20.91	-23.3%-144.7%
9	Feb_16_2021	65.16 (-0%)	64.79 (-0.4%)	63.54 (-2.2%)	62.56	61.06(0%)	58.97(-6.62%)	58.97-58.97	-0.9(-2.3)	-2.7	-3.4%	-0.7%	0%	-0.28%	-0.6%	25	0.6	Breakdown	Range(-0.8%)	4	-2.5	2	Downtrend	59.11(0.24%)	58.72-60.02	30.27	-19.5%-156.7%
10	Feb_12_2021	65.29 (0.2%)	65.37 (-0.2%)	64.97 (-0.8%)	64.57	63.5(0%)	63.15(-1.08%)	63.15-63.15	-0.3(-0.8)	-2.7	-1%	-0.1%	0%	-0.08%	0.1%	49	0.5	Growing Downtrend	Range(-0.6%)	4	-1.5	2.1	Downtrend	63.18(0.04%)	63.02-63.53	11.45	-13.8%-174.9%

11	Feb_11_2021	65.46 (0.6%)	65.4 (-0.2%)	65.51 (-1.1%)	65.3	64.07(0%)	63.84(-0.71%)	63.84-63.84	-0.1(-0.6)	-1.2	-1.7%	-0.3%	0%	-0%	-0.1%	47	0.5	Downtrend Reversal	Range(-1.6%)	4	-0.8	2.2	Correction	62.84(-1.57%)	62.59-63.84	13.03	-12.9%-178%
12	Feb_10_2021	65.75 (1.2%)	65.54 (-0%)	66.26 (-0.9%)	65.8	65.64(0%)	64.3(-4.7%)	64.3-64.3	0.2(-0.5)	-1.7	-1.3%	-0.1%	0%	0.28%	-0.3%	54	0.5	Downtrend Reversal	Range(1%)	4	-0.7	2.2	Correction	63.71(-0.91%)	63.5-64.57	23.26	-12.3%-221.8%
13	Feb_9_2021	65.83 (1.8%)	65.63 (0%)	66.88 (1%)	66.63	66.54(0%)	67.47(2.07%)	65.55-67.47	0.5(0.6)	0.3	0.6%	-0.2%	0%	0.58%	-0.3%	60	0.5	N/A	Range(0.4%)	5	0.2	2	Uptrend	67.75(0.42%)	67.13-68.02	23.19	-7.9%-237.7%
14	Feb_8_2021	65.21 (2%)	66.11 (0.2%)	66.25 (0.6%)	66.73	65.97(0%)	66.1(0.39%)	66.1-66.1	0.4(0.2)	0.2	-0.2%	0.3%	0%	0.74%	1.4%	51	0.7	Uptrend Consolidation	Range(0.1%)	6	0	1.8	Uptrend	66.7(0.91%)	65.91-67.04	14.65	-9.8%-230.8%
15	Feb_5_2021	64.64 (2.4%)	66.05 (0.2%)	65.83 (0.9%)	66.29	66.72(0%)	65.84(-2.59%)	65.84-65.84	0.5(0.3)	0.4	-0.2%	0.3%	0%	0.9%	2.2%	60	0.9	Uptrend Consolidation	Range(1.4%)	7	0.3	1.7	Uptrend	66.76(1.39%)	65.73-67.2	16.75	-10.2%-249.4%

16	Feb_4_2021	63.79 (2.6%)	66.16 (0.2%)	65.26 (0.8%)	65.82	67.49(0%)	67.59(0.29%)	67.59-67.59	0.5(0.7)	1.1	1.9%	1.1%	0%	0.9%	3.7%	53	1.2	Growing Uptrend	Range(3%)	7	0.6	1.5	Growing Uptrend	68.95(2.01%)	66.97-69.44	20.16	-7.8%-307%
17	Feb_3_2021	62.29 (2.8%)	65.79 (-0%)	64.74 (0.8%)	64.68	65.87(0%)	67.4(4.73%)	67.4-67.4	0.5(0.6)	1.4	1.7%	1.3%	0%	0.76%	5.6%	49	1.8	Growing Uptrend	Range(3%)	6	0.7	1.7	N/A	68.05(0.96%)	64.66-70.82	26.75	-8%-305.9%
18	Feb_2_2021	60.67 (2.8%)	65.32 (-0.2%)	64.25 (-2.7%)	64.08	64.15(0%)	64.35(0.62%)	64.35-64.35	0.5(0.4)	-1.7	-0.1%	0.5%	0%	0.66%	7.7%	51	2.2	Correction	Range(0.4%)	6	0.4	1.4	Correction	63.51(-1.3%)	61.01-66.58	23.2	-12.2%-316.1%
19	Feb_1_2021	59.18 (3%)	65.51 (0.4%)	66.03 (-0.5%)	64.22	63.48(0%)	63.96(1.51%)	63.96-63.96	0.6(0.4)	-1.9	-1.6%	1%	0%	1.18%	10.7%	63	2.6	Correction	Range(-0.6%)	5	0.5	1.1	N/A	66.85(4.52%)	62-70.81	18.06	-12.7%-313.6%
20	Jan_29_2021	57.78 (3.2%)	65.21 (0.6%)	66.34 (-1.2%)	66.55	64(0%)	63.01(-3.07%)	63.01-63.01	0.8(0.4)	-2.7	-1.3%	0.3%	0%	1.4%	12.9%	63	2.7	Correction	Range(0.5%)	5	0.7	0.2	Uptrend	66.47(5.49%)	62-68.39	24.73	-14%-349.8%

21	Jan_28_2021	56.42 (3.4%)	65.58 (1.4%)	67.14 (0.4%)	67.17	64.96(0%)	65(0.13%)	65-65	0.9(0.6)	-0.4	-3.3%	0.4%	0%	2%	16.2%	70	3	Correction Correction	Range(-2.9%)	6	0.8	0.6	Uptrend Consolidation	63.52(-2.28%)	61.13-70.67	0	-11.3%-364%
22	Jan_27_2021	54.86 (3.4%)	66.02 (2.6%)	66.9 (0.7%)	67.67	69.1(0%)	64.92(-11.43%)	64.92-64.92	1(0.7)	-0.3	0.1%	0.7%	0%	2.82%	20.3%	78	3.3	Uptrend Dip	Higher(6.5%)	7	0.9	0.9	Uptrend Dip	84.02(29.42%)	59.89-90.05	69.46	-11.4%-363.4%
23	Jan_26_2021	53.34 (3.6%)	66.12 (3.8%)	66.41 (2.1%)	67.39	69.38(0%)	73.29(11.94%)	73.29-73.29	1.1(1.3)	1.8	3.9%	3.1%	0%	3.68%	24%	85	3.7	Growing Uptrend	Higher(7%)	7	1.4	1.5	Uptrend	86.18(17.59%)	68.71-93.67	67.34	0%-423.1%
24	Jan_25_2021	51.42 (3.8%)	64.22 (4.4%)	65.02 (1.7%)	64.69	66.24(0%)	65.47(-2.28%)	65.47-65.47	1.1(1)	0.3	0.9%	2.1%	0%	4.26%	24.9%	84	3.8	Growing Uptrend	Higher(4.1%)	7	0.9	2.2	Uptrend	79.53(21.48%)	62.2-86.96	34.18	-6.2%-367.3%
25	Jan_22_2021	49.95 (4%)	63.13 (5.2%)	63.96 (0.1%)	64.9	65.4(0%)	67(5.02%)	67-67	1.2(1.2)	2.3	2.5%	3%	0%	4.88%	26.4%	81	3.9	Growing Uptrend	Higher(5.5%)	7	1.2	2.1	Uptrend	82.91(23.75%)	62.57-91.63	38.38	-4%-378.2%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low