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Plug Power, Inc.

Stage 4 · Declining · week 11

As of Oct 22, 2026, Plug Power is in Stage 4, the downtrend phase, now in week 11 (since Aug 12, 2026). It closed at $1.38, 66.7% below its 52-week high and below its 200-day average, which is falling.

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. More about the company

$1.38
-2.13% today
$1.9B · Small cap
Market Neutral — Fading

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 25w
S4 20w
S4 14w
S1 14w
S4 20w
S3 14w
S2 15w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 2w → S4 25w → S1 1w → S4 20w → S1 1w → S4 14w → S1 14w → S4 20w → S1 11w → S2 13w → S3 14w → S2 15w → S3 5w → S4 10w current
Total tracked: 166 weeks across 14 stage runs.

PLUG among Electrical Equipment & Parts30th of 53 by relative strength

All 53 →
Stocks in Electrical Equipment & Parts ranked by relative strength, with stage and one-month change
#StockStageRS1M
1OESXStage 2 · wk 996−29.2%
2BEStage 2 · wk 495−20.9%
3PLPCStage 2 · wk 1184−22.3%
4ESPStage 2 · wk 983−18.4%
5FCELStage 3 · wk 881−32.6%
6ENSStage 4 · wk 581−6.0%
7POWLStage 4 · wk 577−21.8%
8NVTStage 2 · wk 376−21.6%
…30PLUGStage 4 · wk 1121−32.4%
vs 52W High
-66.7%
$1.37 lo$4.14 hi
66.7% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 11
1w13w26w
Week 11, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-43.1%
200 DMA: $2.42 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.86x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-32.4%
3M
-34.0%
6M
-56.6%
YTD
-38.1%
1Y
-55.8%
Scan Membership
Breakout Watch
Latest: 2026-03-26
7 appearances in last 60 days. First seen: 2019-03-29.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 11 · Vol 0.86x
2026-10-21S4
Wk 10 · Vol 0.68x
2026-10-20S4
Wk 10 · Vol 0.84x
2026-10-19S4
Wk 10 · Vol 0.67x
2026-10-16S4
Wk 10 · Vol 1.55x
2026-10-15S4
Wk 10 · Vol 1.03x
2026-10-14S4
Wk 9 · Vol 1.52x
2026-10-13S4
Wk 9 · Vol 1.08x
2026-10-12S4
Wk 9 · Vol 0.95x
2026-10-09S4
Wk 9 · Vol 0.77x
2026-10-08S4
Wk 9 · Vol 0.99x
2026-10-07S4
Wk 8 · Vol 0.87x
Moving averages & range
50 DMA
$1.96
200 DMA
$2.42
52W High
$4.14
52W Low
$1.37
5D Low
$1.37
Resistance levels (recent highs)
20d High
$1.98
60d High
$2.32
120d High
$4.14
250d High
$4.14
Next resistance
+43.5%
to 20d High
ROE
-145.0%
Profit margin -220.6%
Dividend Yield
0.00%
P/B 3.3

Plug Power: quick answers

What stage is Plug Power in?

As of Oct 22, 2026, Plug Power (PLUG) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 12, 2026 and is in week 11. What the four stages mean

Is Plug Power in an uptrend?

No. Plug Power is in a Stage 4 downtrend. It trades 43.1% below its 200-day average, which is falling.

How far is Plug Power from its 52-week high?

Plug Power closed at $1.38 on Oct 22, 2026, 66.7% below its 52-week high of $4.14. Its 52-week low is $1.37.

How has Plug Power performed over the past year?

As of Oct 22, 2026, Plug Power is down 55.8% over the past year and down 38.1% so far in 2026.

Which sector and industry is Plug Power in?

Plug Power is in the Electrical Equipment & Parts industry, part of the Industrials sector.

About this companyIndustrials· Electrical Equipment & Parts

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.