FUELCELL ENERGY INC (FCEL) Technical Analysis
NASDAQ:FCEL • US35952H7008
Current stock price
FCEL Technical Rating and Analysis
Taking everything into account, FCEL scores 1 out of 10 in our technical rating. FCEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month FCEL has a been trading in the 6.40 - 8.66 range, which is quite wide. It is currently trading near the lows of this range.
- FCEL has an average volume of 1884710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that FCEL is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FCEL is an average performer in the Electrical Equipment industry, it outperforms 52% of 92 stocks in the same industry.
- FCEL is currently trading in the middle 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 slightly.
- Considerably lower volume is observed in the last couple of days.
FCEL Weekly and Daily overview Charts
FCEL Setup Rating and Analysis
The technical rating of FCEL is bad and it also does not present a quality setup 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
FCEL Support and Resistance Analysis
4.36
2 important support areas can be observed.
- Support @6.52 from a horizontal line in the weekly time frame.
- Support @4.40 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 7.11 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.10 from a trend line in the daily time frame.
- Resistance @9.30 from a trend line in the daily time frame.
- Resistance @9.87 from a trend line in the weekly time frame.
- Resistance @10.21 from a horizontal line in the weekly time frame.
FCEL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for FCEL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCEL is down. |
| ChartMill Relative Strength | 71.04 | POSITIVE | FCEL has a high relative strength, it outperformed 71.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCEL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCEL is below a declining 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) | 40.19 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FCEL has a negative trend. |
| Stochastics (14,3) | 31.83 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for FCEL suggests a weak or negative trend. |
FCEL Chart- and CandleStick Pattern Analysis
FCEL Technicals: Chart, Performance Metrics, Trend & Indicators
6.53
-0.35 (-5.09%)
FUELCELL ENERGY INC / FCEL TA FAQ
What is the technical rating for FCEL stock?
ChartMill assigns a technical rating of 1 / 10 to FCEL.
Can you provide the trend direction for FUELCELL ENERGY INC?
The current trend direction for FUELCELL ENERGY INC (FCEL) is Bearish.
Can you provide the RSI signal for FUELCELL ENERGY INC?
FUELCELL ENERGY INC (FCEL) has an RSI value of 40.1895. This indicates that the stock is currently neutral.
What is the MACD signal for FCEL stock?
The MACD indicator for FUELCELL ENERGY INC (FCEL) has a value of -0.016602, indicating a bearish trend.
Can you provide the support and resistance levels for FUELCELL ENERGY INC?
FUELCELL ENERGY INC (FCEL) has a support level at 6.52 and a resistance level at 7.11. Check the full technical report for our detailed analysis of FCEL support and resistance levels.