Plug Power, Inc.(PLUG) - Stock detail

Plug Power, Inc.

US
PLUG
Plug Power Inc.(Listing date: 10/29/1999)

Plug Power Inc. is an alternative energy technology company and a pioneer and leader in the hydrogen fuel cell industry. It is engaged in the design, development, manufacturing and commercial application of hydrogen fuel cell systems worldwide, mainly for the industrial off-road (or forklift material handling) market. The company focuses on proton exchange membrane (PEM) fuel cells, fuel processing technologies, and fuel cell/battery hybrid technologies, with a variety of products available. The fuel cell that the company focuses on is an electrochemical device that can generate electricity and heat from hydrogen and oxygen without combustion. The company was incorporated in Delaware, USA on June 27, 1997.

AI Technical AnalystHold
Rating4/10
Generated at:2026-03-06 16:41:19
Analysis data covers period from 2025-12-09 to 2026-03-06 (88 calendar days, 60 trading days), based on US stock market data for Plug Power, Inc. (PLUG) in US Dollar currency
Insight

PLUG is in a technical consolidation phase between $1.98-$2.35 with mixed signals suggesting limited near-term directional bias.

Resistance
2.66
Support
1.72
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Wait for breakout above $2.35 with volume confirmation or pullback to $1.98-$2.03 support zone for better risk-reward entry; maintain stop-loss below $1.95 for existing positions
  • Mid-term:Monitor price action relative to identified support/resistance levels; the stock appears to be in consolidation phase with limited directional bias in near term
  • Long-term:Regular monitoring of technical factors alongside fundamental developments and market conditions; position sizing should account for 15-20% volatility given historical analysis

Moving averages

MA 5
2.19
MA 20
1.98
MA 60
2.15
Price
2.13
AI Analysis
  • Mixed moving average configuration with MA_5 at $2.19 above current price
  • MA_10 at $2.03 below current price
  • MA_20 at $1.98 below current price
  • MA_60 at $2.15 above current price
  • Trading between 5-day ($2.19) and 60-day ($2.15) moving averages
  • Price structure shows MA_5 > MA_60 > MA_10 > MA_20
  • Suggests recent price recovery attempts but lacking sustained momentum
  • Indicates short-term consolidation within a broader downtrend

Volume

Volume
72.70M
20D Avg
97.77M
Institution
-
Participation
-
AI Analysis
  • Extremely high volume on 2026-03-03 (223.6M shares) during the rally suggests institutional interest
  • Declining volume during recent pullback (87.9M to 72.7M) indicates weakening selling pressure
  • Average 60-day volume approximately 98M shares
  • Recent activity has been above average
  • Volume profile supports view that rally was driven by genuine buying interest rather than short covering alone

MACD

MACD
0.01
Signal
-0.04
Hist
0.06
Trend
-
AI Analysis
  • MACD: 0.0131 (positive but weak)
  • MACD Signal: -0.0421 (negative)
  • MACD Histogram: 0.0552 (positive divergence)
  • Positive MACD histogram indicates emerging bullish momentum
  • Main MACD line remains barely positive and below the signal line
  • Suggests potential momentum shift but requires confirmation

Bollinger bands

Upper
2.35
Middle
1.98
Lower
1.61
Width
37.30%
AI Analysis
  • Upper Band: $2.35
  • Middle Band (20MA): $1.98
  • Lower Band: $1.61
  • Current Price: $2.13
  • Trading between middle and upper Bollinger Bands
  • Stock has recovered from oversold conditions seen in late February
  • Band width suggests moderate volatility
  • Potential resistance near $2.35

RSI

RSI(14)
52.15
RSI(6)
53.15
Overbought
70+
Oversold
30-
AI Analysis
  • RSI (14): 52.15 (neutral territory)
  • RSI (6): 53.15 (slightly bullish)
  • Both RSI readings in neutral territory
  • Indicating neither overbought nor oversold conditions
  • RSI_6 at 53.15 suggests short-term momentum is slightly bullish but lacks strong conviction

KDJ

K
62.58
D
56.61
J
74.53
Trend
-
AI Analysis
  • KDJ: K=62.58, D=56.61, J=74.53
  • Bullish configuration with J-line above 70
  • Indicating potential overbought short-term conditions

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Current price represents psychological equilibrium with 50.49% profit ratio and average cost equal to current price.
  • Profit Ratio: 50.49% (approximately half of positions are profitable at current price)
  • Average Cost: $2.13 (equal to current price, indicating equilibrium)
  • 90% Cost Range: $1.79-$2.41 (wide distribution suggesting diverse holder base)
  • 70% Cost Range: $1.84-$2.36 (moderate concentration)
  • Recent concentration levels have decreased slightly, indicating distribution occurring
  • Current price represents psychological equilibrium point where recent buyers break even and longer-term holders remain underwater
  • Chip distribution estimated using historical turnover behavior and volume-based proxy calculations
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.