Itm Power Price: ITM Struggles for Recoils, Following a Downward Trend

PUBLISHED: 25 Aug 2025 @ 17:11 | Comments (0) | More info about Azeez Mustapha

As it has another way round of ending an effect of bears’ impact on the exchanges of Itm Power Plc (LSE:ITM), while the stock business operation resumed a downward trend before struggling for recoils, making the line of 60 the major pivotal trade spot.

The stock’s business operation resumed a downward trajectory before attempting brief recoils, establishing the 60 line as the pivotal trade spot. Should the 15-day EMA sustain its northward attempt toward crossing above the 50-day EMA, the 80 line may evolve into a new supportive base, signaling renewed bullish traction and elevating the probabilities of sustainable upward momentum in the sessions ahead.

Resistance Levels: 85, 90, 95
Support Levels: 55, 50, 45

ITM Plc: Will Price Rebound Above 15-Day EMA or Slip Under 50-Day?

Buyers should be wary, as the 60 support line remains a critical threshold; failure to defend this level could see the ITM Plc price sliding further, as the price struggles for recoils.

While the 15-day EMA is attempting alignment northward, the 50-day EMA still dictates broader momentum, cautioning against premature accumulation. However, if the smaller moving average indicator successfully crosses and holds past the bigger counterpart toward the 80 level, it could transform into a launchpad, signaling renewed bullish strength and a potential shift toward sustained upward momentum. The stochastic oscillators are tilting slightly southbound yet relatively forming a bullish flag structure, with momentum projected toward the 40 line as a potential rebound zone.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.