Question 1

What implications does the 10-day RSI indicator have for PLUG?

Accepted Answer

The RSI Oscillator for PLUG moved out of oversold territory on August 13, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 37 similar instances when the indicator left oversold territory. In 29 of the 37 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about PLUG's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did PLUG's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on PLUG as a result. In 58 of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PLUG?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for PLUG just turned positive on August 16, 2024. Looking at past instances where PLUG's MACD turned positive, the stock continued to rise in 39 of 46 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for PLUG?

Accepted Answer

Following a +8.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where PLUG advanced for three days, in 223 of 271 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for PLUG's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLUG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 88%.

Question 7

How does the Aroon Indicator reflect on PLUG's trend?

Accepted Answer

The Aroon Indicator for PLUG entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

PLUG Stock Plug Power (PLUG, $3.45) entered Uptrend as Momentum indicator ascends above 0 level on Jun 03, 2024

PLUG's RSI Indicator ascending out of oversold territory

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