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Plug Power: The Trend Continues Up (PLUG)
[March 05, 2011]

Plug Power: The Trend Continues Up (PLUG)


Mar 05, 2011 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Plug Power (NASDAQ:PLUG) on November 03, 2010 at $0.52. In approximately 4 months, Plug Power has returned 36.3% as of today's recent price of $0.71.

In the past 52 weeks, shares of Plug Power have traded between a low of $0.36 and a high of $1.07 and are now at $0.71, which is 97% above that low price.

Plug Power is currently above its 50-day moving average of $0.66 and above its 200-day moving average of $0.49. Look for these moving averages to climb to confirm the company's upward momentum.


In the last five trading sessions, the 50-day MA has climbed 4.12% while the 200-day MA has risen 0.85%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Plug Power shares.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

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