Technical Analysis for ITM - ITM Power Plc

Grade Last Price % Change Price Change
A 458.0 0.57% 2.60
ITM closed up 5.81 percent on Monday, November 29, 2021, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical ITM trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.57%
Crossed Above 50 DMA Bullish 0.57%
180 Bullish Setup Bullish Swing Setup 0.57%
Fell Below 200 DMA Bearish 6.41%
Fell Below 50 DMA Bearish 6.41%
180 Bearish Setup Bearish Swing Setup 6.41%
NR7 Range Contraction 6.41%
Lower Bollinger Band Walk Weakness 6.41%
Inside Day Range Contraction 6.41%
Oversold Stochastic Weakness 6.41%
Older End-of-Day Signals for ITM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% about 2 hours ago
Bullish 180 Entry about 3 hours ago
Rose Above Previous Day's High about 3 hours ago
Up 1% about 3 hours ago
Possible Inside Day about 4 hours ago
View Earlier Intraday Alerts

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Profile

ITM Power Plc Description

ITM Power Plc designs and manufactures integrated hydrogen energy solutions for energy storage and clean fuel production. The Company has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The Company's product, HGas, is designed for Power-to-Gas applications. HGas accommodates fluctuating power profiles while generating hydrogen at pressures suitable for either direct injection into natural gas networks or through methanation processes without additional compression. The Company's product, HFuel, is a module applicable for refueling hydrogen-powered road vehicles and forklift trucks. HFuel generates hydrogen by electrolysis, compresses it, stores it and dispenses the gas on demand. The HPac system is a mid-ranged electrolyzer product that produces hydrogen gas at a rate of approximately five kilogram/day and a pressure of over 15 bar. HPac is a PEM electrolyzer. HPac produces hydrogen for a range of fuel cell and industrial applications.


Classification

Sector: Technology
Industry: Electronic Components
Keywords: Energy Gas Chemistry Physical Sciences Natural Gas Storage Fuel Suit Truck Energy Storage Fuel Cell Industrial Applications Fork Hydrogen Economy Hydrogen Vehicle H Gas Hydrogen Technologies Industrial Gases Forklift H Fuel Proton Energy Solutions

Is ITM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 724.0
52 Week Low 295.0
Average Volume 3,147,695
200-Day Moving Average 440.55
50-Day Moving Average 452.58
20-Day Moving Average 474.08
10-Day Moving Average 454.78
Average True Range 27.30
ADX 14.37
+DI 20.19
-DI 20.10
Chandelier Exit (Long, 3 ATRs) 445.59
Chandelier Exit (Short, 3 ATRs) 497.31
Upper Bollinger Bands 528.00
Lower Bollinger Band 420.15
Percent B (%b) 0.33
BandWidth 22.75
MACD Line -6.15
MACD Signal Line 0.31
MACD Histogram -6.457
Fundamentals Value
Market Cap 2.51 Billion
Num Shares 551 Million
EPS -2.90
Price-to-Earnings (P/E) Ratio -157.03
Price-to-Sales 429.74
Price-to-Book 35.07
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 501.90
Resistance 3 (R3) 498.80 480.20 494.15
Resistance 2 (R2) 480.20 468.36 481.75 491.56
Resistance 1 (R1) 467.80 461.04 474.00 470.90 488.98
Pivot Point 449.20 449.20 452.30 450.75 449.20
Support 1 (S1) 436.80 437.36 443.00 439.90 421.82
Support 2 (S2) 418.20 430.04 419.75 419.24
Support 3 (S3) 405.80 418.20 416.65
Support 4 (S4) 408.90