Is Plug Power, Inc. technically bullish or bearish?

Sep 20 2025 07:16 PM IST
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As of September 2, 2025, Plug Power, Inc. shows a mildly bearish trend despite recent strong performance, with mixed technical indicators reflecting both bullish and bearish signals.
As of 2 September 2025, the technical trend for Plug Power, Inc. has changed from sideways to mildly bearish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating some positive momentum. However, the overall stance is tempered by the weekly and monthly OBV showing mildly bullish and mildly bearish signals, respectively. The moving averages are bullish on a daily basis, which provides some support.

In terms of performance, the stock has returned 39.07% over the past week and 26.51% over the past month, significantly outperforming the S&P 500, which returned 1.05% and 2.33% in the same periods. However, year-to-date, the stock is down 1.41%, while the S&P 500 is up 12.22%.

Overall, the current technical stance is mildly bearish, influenced by mixed signals across various indicators.
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Our weekly and monthly stock recommendations are here
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