![]() Liable for your own investment decisions and agree to the Users should not base their investment decision upon. is a research service that provides financial data and technical analysis of publicly traded stocks.Īll users should speak with their financial advisor before buying or selling any securities. Given the latest developments, we cannot determine the next direction as it may go both ways. Zero in score indicates that our system is expecting high volatility and risk for the following trading day. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Plug Power holds several positive signals, but we still don't find these to be enough for a buy candidate. (5.12%), our systems don't find the trading risk/reward intra-dayĪttractive and any bets should be held until the stock is closer to the support level. ![]() Since the stock is closer to the resistance from accumulated volume at $18.03 If Plug Power takes out the full calculated possible swing range there will be an estimated 14.46% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$1.29 (+/-7.23%) up or down from last closing price. Trading Expectations For The Upcoming Trading Day Of Monday 14thįor the upcoming trading day on Monday, 14th we expect Plug Power to open at $17.59, and during the day (based on 14 day Average True Range), Stock Expert: Get Ready For What’s Next* > There is a buy signal from a pivot bottom found 2 days ago.) (This stock has high daily movements and this gives high risk. For the last week, the stock has had daily average volatility of 8.72%. During the last day, the stock moved $1.42 between high and low, or 8.45%. ![]() This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". If this is broken, then the next support from accumulated volume will be at $16.93 and $14.58. In this case, Plug Power finds support just below today's level at $16.95. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. On the downside, the stock finds support just below today's level from accumulated volume at $16.95 and $16.93. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. On a fall, the stock will find some support from the short-term average at $15.51. On further gains, the stock will meet resistance from the long-term moving average at $18.15. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. The Plug Power stock holds a buy signal from the short-term moving average at the same time, however, the long-term average holds a general sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. This causes a divergence between volume and price and it may be an early warning. Volume fell during the last trading day despite gaining prices. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Wednesday, November 09, 2022, and so far it has risen 22.57%.
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