Plug Power Stock Technical Analysis

PLUG Stock  USD 2.02  0.28  12.17%   
As of the 3rd of December, Plug Power holds the Risk Adjusted Performance of 0.0641, coefficient of variation of 1380.5, and Semi Deviation of 5.69. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plug Power, as well as the relationship between them. Please check Plug Power jensen alpha and downside variance to decide if Plug Power is priced some-what accurately, providing market reflects its current price of 2.02 per share. Please also confirm Plug Power total risk alpha, which is currently at (0.49) to check out the company can sustain itself at a future point.

Plug Power Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Plug, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Plug
  
Plug Power's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Plug Power Analyst Consensus

Target PriceAdvice# of Analysts
15.47Buy27Odds
Plug Power current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Plug analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Plug stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Plug Power, talking to its executives and customers, or listening to Plug conference calls.
Plug Analyst Advice Details
Plug Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Plug Power technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Plug Power trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Plug Power Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Plug Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Plug Power Trend Analysis

Use this graph to draw trend lines for Plug Power. You can use it to identify possible trend reversals for Plug Power as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Plug Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Plug Power Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Plug Power applied against its price change over selected period. The best fit line has a slop of    , which means Plug Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Plug Power price change compared to its average price change.

About Plug Power Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Plug Power on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Plug Power based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Plug Power price pattern first instead of the macroeconomic environment surrounding Plug Power. By analyzing Plug Power's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Plug Power's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Plug Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover7.34.675.437.99
Days Of Inventory On Hand145.84263.07250.77263.31

Plug Power December 3, 2024 Technical Indicators

Most technical analysis of Plug help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Plug from various momentum indicators to cycle indicators. When you analyze Plug charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Plug Power December 3, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Plug stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Plug Stock analysis

When running Plug Power's price analysis, check to measure Plug Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plug Power is operating at the current time. Most of Plug Power's value examination focuses on studying past and present price action to predict the probability of Plug Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plug Power's price. Additionally, you may evaluate how the addition of Plug Power to your portfolios can decrease your overall portfolio volatility.
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