Plug Power (PLUG, $34.04) announces new green hydrogen production plant in Pennsylvania
Hydrogen solutions company Plug Power Inc. announced plans to build a green hydrogen production plant in partnership with Brookfield Renewable Partners L.P. and Brookfield Renewable Corporation.
The plant, located along the Susquehanna River in south-central Pennsylvania, will utilize 100% renewable energy from Brookfield Renewable’s Holtwood hydroelectric facility as a part of a previously announced collaboration. The plant is projected to produce about 15 metric-tons of emissions-free liquid hydrogen per day.
Plug Power’s plant is expected to be online by late 2022. Construction is scheduled to start by the first quarter of 2022.
The plant is expected to help in the decarbonization of the broader transportation and logistics industries in the Northeast and the mid-Atlantic regions.
PLUG's RSI Indicator leaves overbought zone
The 10-day RSI Indicator for PLUG moved out of overbought territory on June 17, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 instances where the indicator moved out of the overbought zone. In of the 29 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
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 of 62 cases within the following month. The odds of a continued downward trend are .
PLUG broke above its upper Bollinger Band on June 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 30, 2025. You may want to consider a long position or call options on PLUG as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PLUG just turned positive on June 30, 2025. Looking at past instances where PLUG's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
PLUG moved above its 50-day moving average on June 06, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PLUG crossed bullishly above the 50-day moving average on June 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where PLUG advanced for three days, in of 247 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 152 cases where PLUG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PLUG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.812) is normal, around the industry mean (3.948). P/E Ratio (0.000) is within average values for comparable stocks, (40.807). PLUG's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.638). Dividend Yield (0.000) settles around the average of (0.096) among similar stocks. P/S Ratio (2.298) is also within normal values, averaging (138.878).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PLUG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
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General Information
a developer of fuel cell technology and solutions
Industry ElectricalProducts
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