


Technical Sentiment Analysis for Plug Power Inc (PLUG) As of 2026-05-08, Plug Power Inc (PLUG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PLUG stands at 55.809, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.171, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.221 and the Commodity Channel Index (CCI) at 21.173 further confirm a -0.02 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PLUG is trading above its 60-day moving average of $2.491 and above its 200-day long-term moving average of $2.311. Key price levels to watch include the immediate resistance at $3.43 and strong support at $2.935. A break above $3.43 could signal a bull continuation, while falling below $2.935 may test the next Fibonacci floor at $2.692.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.44 | 2.692 | 2.935 | 3.187 | 3.43 | 3.682 | 3.925 |
| Fibonacci | 2.692 | 2.881 | 2.998 | 3.187 | 3.376 | 3.493 | 3.682 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 55.809 |
| STOCHk_14_3_3 | 58.221 |
| STOCHd_14_3_3 | 68.909 |
| CCI_20 | 21.173 |
| AO_5_34 | 0.393 |
| MOM_10 | -0.02 |
| MACD_12_26_9 | 0.171 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 3.202 | Sell |
| MA_10 | 3.177 | Sell |
| MA_20 | 3.093 | Buy |
| MA_60 | 2.491 | Buy |
| MA_200 | 2.311 | Buy |
| MA_250 | 2.089 | Buy |