Previous Hold Today FCEL ranks #2782 as HOLD CANDIDATE #2782 Next Hold

FCEL stock forecast FuelCell Energy

FCEL stock forecast

VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Buy
Bullish vs. Bearish (76 opinions)
80%
20%
Social Sentiment 0.10

FCEL Forecast and Technical Stock Analysis

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Hold candidate since 2019-07-19

FuelCell Energy gained 14.61% in the last trading day ( Friday, 19th Jul 2019 ), rising from $0.30 to $0.35 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 27.90% from a day low at $0.31 to a day high of $0.39. The price has fallen in 7 of the last 10 days and is down by -56.38% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 27.57 million more shares were traded than the day before. In total, 41.40 million shares bought and sold for approximately $14.45 million.

Quick summary:

  • 30 day high of the FCEL stock price was $1.00 and low was $0.13.
  • 90 day high was $2.20 and low was $0.13.
  • 52 week high for FuelCell Energy - $2.20 and low - $0.13.
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Trend

FuelCell Energy lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.16% during the next 3 months and, with 90% probability hold a price between $-0.01 and $1.27 at the end of this period.

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Signals

A buy signal was issued from a pivot bottom point on Wednesday July 17, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. FuelCell Energy holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $0.45 and $0.50. A break-up above any of these levels will issue buy signals.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 56 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $0.32 and $0.29.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, FuelCell Energy finds support just below today's level at $0.32. If this is broken, then the next support from accumulated volume will be at $0.29 and $0.26.

Support: $0.32 Price: $0.35 Resistance: $0.36

Risk

This stock may move much during a 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 $0.09 between high and low, or 27.90%. For the last week, the stock has had a daily average volatility of 33.51%.

Our recommended stop-loss: $0.34 (-3.88%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 2 days ago.)

33.51 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded

Evaluation

FuelCell Energy holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 76 votes on StockTwits.

Previous Hold Today FCEL ranks #2782 as HOLD CANDIDATE #2782 Next Hold

Will FCEL stock price go up or down on Mon, 22 Jul 2019?

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