Taking everything into account, FCEL scores 6 out of 10 in our technical rating. Although FCEL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
FCEL has an average technical rating and the quality of the presented setup is also not ideal 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
6.70
When analyzing the support we can see 4 important areas.
- Support @8.49 from a trend line in the daily time frame.
- A support zone ranging from 7.82 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.24 from a trend line in the weekly time frame.
- Support @6.77 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @8.78 from a horizontal line in the weekly time frame.
- Resistance @9.48 from a trend line in the daily time frame.
- A resistance zone ranging from 9.65 to 9.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FCEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCEL is up. |
| ChartMill Relative Strength | 36.08 | NEUTRAL | FCEL is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of FCEL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.12 | 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) | 42.33 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.25 | POSITIVE | The high ADX value value for FCEL suggests a strong trend. |
8.77
-0.02 (-0.23%)
FUELCELL ENERGY INC / FCEL FAQ
What is the technical rating for FCEL stock?
ChartMill assigns a technical rating of 6 / 10 to FCEL.
What is the current trend direction of FUELCELL ENERGY INC (FCEL) stock?
The current trend direction for FUELCELL ENERGY INC (FCEL) is Bullish.
Can you provide the RSI signal for FUELCELL ENERGY INC?
FUELCELL ENERGY INC (FCEL) has an RSI value of 56.118. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FUELCELL ENERGY INC?
The MACD indicator for FUELCELL ENERGY INC (FCEL) has a value of 0.0707699, indicating a bearish trend.
Can you provide the buy/sell signal for FUELCELL ENERGY INC?
The buy/sell signal for FUELCELL ENERGY INC (FCEL) is buy as both the short term and long term trends are positive.