RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CLNE
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Clean Energy Fuels Corp. stock price ended at $2.55 on Friday, after losing 4.49%.
(Updated on Jul 19, 2024)

Sell candidate since Jul 18, 2024 Loss -4.49% PDF

The Clean Energy Fuels Corp. stock price fell by -4.49% on the last day (Friday, 19th Jul 2024) from $2.67 to $2.55. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 5.30% from a day low at $2.55 to a day high of $2.68. The price has been going up and down for this period, and there has been a 8.05% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -381 thousand shares and in total, 942 thousand shares were bought and sold for approximately $2.40 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.44% during the next 3 months and, with a 90% probability hold a price between $2.43 and $3.49 at the end of this 3-month period.

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CLNE Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Clean Energy Fuels Corp. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $2.63 and $2.69. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -7.27%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Clean Energy Fuels Corp. stock

Clean Energy Fuels Corp. finds support from accumulated volume at $2.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.135 between high and low, or 5.30%. For the last week, the stock has had daily average volatility of 5.63%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CLNE) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Clean Energy Fuels Corp. to open at $2.59, and during the day (based on 14 day Average True Range), to move between $2.40 and $2.70, which gives a possible trading interval of +/-$0.154 (+/-6.03%) up or down from last closing price. If Clean Energy Fuels Corp. takes out the full calculated possible swing range there will be an estimated 12.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.49 (2.35%) than the resistance at $2.66 (4.31%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Clean Energy Fuels Corp. stock A Buy?

The Clean Energy Fuels Corp. stock holds several negative signals and despite the positive trend, we believe Clean Energy Fuels Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.082 Sell Candidate Unchanged

Predicted Opening Price for Clean Energy Fuels Corp. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$2.59 ( 1.63%) $2.55

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CLNE

Fibonacci Support & Resistance Levels

Level Price
R3 2.73 6.93%
R2 2.68 4.91%
R1 2.64 3.66%
Price 2.55
S1 2.54 -0.388%
S2 2.51 -1.64%
S3 2.46 -3.66%

Accumulated Volume Support & Resistance Levels

Level Price
R3 2.75 7.84%
R2 2.67 4.71%
R1 2.66 4.31%
Price 2.55
S1 2.49 -2.35%
S2 2.37 -7.06%
S3 2.32 -9.02%

FAQ

What is the symbol for Clean Energy Fuels Corp. Stock and on which exchange is it traded?
The symbol for Clean Energy Fuels Corp. is CLNE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Clean Energy Fuels Corp. Stock?
The Clean Energy Fuels Corp. stock holds several negative signals and despite the positive trend, we believe Clean Energy Fuels Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Clean Energy Fuels Corp. Stock?
Clean Energy Fuels Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Clean Energy Fuels Corp. Stock.

What's the current price of Clean Energy Fuels Corp. Stock?
As of the end of day on the Jul 19, 2024, the price of an Clean Energy Fuels Corp. (CLNE) share was $2.55.

What is the 52-week high and low for Clean Energy Fuels Corp. Stock?
The 52-week high for Clean Energy Fuels Corp. Stock is $5.18 and the 52-week low is $2.17.

What is the market capitalization of Clean Energy Fuels Corp. Stock?
As of the Jul 19, 2024, the market capitalization of Clean Energy Fuels Corp. is 611.741M.

When is the next earnings date for Clean Energy Fuels Corp.?
The upcoming earnings date for Clean Energy Fuels Corp. is Aug 07, 2024.
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About Clean Energy Fuels Corp.

Clean Energy Fuels . Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and... CLNE Profile

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