![]() Traders can view candlesticks that represent the price action of Plug Power stock with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. When making a Plug Power stock forecast, most traders use candlestick charts, as they provide more information than a simple line chart. How to read Plug Power stock charts and forecast price movements? Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the Plug Power stock price. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the PLUG market. If the Plug Power stock price moves above any of these averages, it is generally seen as a bullish sign for Plug Power stock. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the stock market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for PLUG is a sum of PLUG’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for PLUG stock over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Plug Power stock prediction tools. When trying to make a Plug Power stock forecast, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. ![]() ![]() Plug Power stock traders use a variety of tools to make a prediction on which way the PLUG market is likely to head next. In comparison with Bitcoin, Plug Power stock performed -77.58% worse in the last year and -71.01% worse than Ethereum. The 1-year performance of PLUG/USD is -72.76%. In the last month, the PLUG/USD pair is down -26.19%. To get a better idea of what could happen to the PLUG stock price in the future, it’s helpful to also explore Plug Power’s price history. Plug Power Stock Forecast Based on Technical Analysis If this Plug Power stock prediction for 2030 materializes, PLUG stock willgrow 27,152.54% from its current price. In 2030, the Plug Power stock will reach $ 2,169.30 if it maintains its current 10-year average growth rate. This would represent a 396.40% increase in the PLUG stock price. ![]() The Plug Power stock prediction for 2025 is currently $ 39.51, assuming that Plug Power shares will continue growing at the average yearly rate as they did in the last 10 years. Using the same basis, here is the Plug Power stock prediction for each year up until 2030. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.īased on the average yearly growth of the Plug Power stock in the last 10 years, the Plug Power stock forecast for the beginning of next year is $ 17.73. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Plug Power stock forecast, it's now a good time to buy PLUG stock because it's trading 7.57% below our forecast.ĭisclaimer: This is not investment advice. PLUG stock recorded 15/30 (50%) green days with 15.80% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear). According to our current PLUG stock forecast, the value of Plug Power shares will rise by 8.19% and reach $ 8.61 per share by September 15, 2023.
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