FUELCELL ENERGY INC (FCEL) Stock Technical Analysis
NASDAQ:FCEL - Nasdaq - US35952H7008 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to FCEL. Recently some decent action could be observed, but in the medium term time frame this is still negative. FCEL was also a bad performer in the overall market in the last year.
94% of all other stocks performed better in the past year than FCEL.
FCEL is one of the lesser performing stocks in the Electrical Equipment industry. 74% of 94 stocks in the same industry do better.
FCEL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FCEL is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FCEL has an average volume of 1285550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FCEL has a been trading in the 3.93 - 8.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FCEL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.41
9.39
We found 1 important support area.
- A support zone ranging from 5.46 to 5.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.48 from a horizontal line in the weekly time frame.
- Resistance @7.25 from a trend line in the daily time frame.
- Resistance @9.30 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FCEL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCEL is up. |
| ChartMill Relative Strength | 6.36 | NEGATIVE | FCEL has a low relative strength, it was outperformed by 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCEL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.74 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FCEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.72 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.01 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.21 | POSITIVE | The high ADX value value for FCEL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.03
-0.29 (-4.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-4.59%
1 Week-6.8%
2 Weeks18%
1 Month48.89%
3 Month-2.43%
6 Month-47.06%
12 Month-75.48%
2 Year-90.69%
3 Year-94.64%
5 Year-91.11%
10 Year-99.86%
15 Year-99.88%
Volatility
ATR(14)0.78
ATR(20)%12.01%
ATR Inc-54.16%
Range Today0.34
ADR(20)0.7
ADR(20)%11.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.36
Mansfield-4.13
10 Day High8.03
10 Day Low4.86
20 Day High8.03
20 Day Low3.93
52 Week High24.9
52 Week Low3.58
CS1 End5.54
CR1 Start6.48
Volume & EV
DER(3)-8.07%
DER(5)-6.77%
Volume867.70K
Volume Incr13.59%
Vol(5)2.07M
Vol(50)1.29M