We assign a technical rating of 4 out of 10 to FCEL. FCEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 81% of all other stocks performed better in the past year than FCEL.
- FCEL is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 60% are performing better than FCEL.
- In the last month FCEL has a been trading in the 7.13 - 10.90 range, which is quite wide. It is currently trading near the lows of this range.
- FCEL has an average volume of 2408940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- FCEL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCEL is lagging the market.
Although the technical rating is only medium, FCEL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.77. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FCEL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.14
When analyzing the support we can see 5 important areas.
- Support @8.04 from a trend line in the weekly time frame.
- A support zone ranging from 7.57 to 7.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.30 to 7.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.28 from a trend line in the weekly time frame.
- Support @4.18 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.77 to 8.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.64 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for FCEL is neutral. |
| ChartMill Relative Strength | 19.84 | NEGATIVE | FCEL has a low relative strength, it was outperformed by 80.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FCEL is below 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) | UP | POSITIVE | The current price of FCEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.82 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FCEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.47 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.47 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for FCEL suggests a weak or negative trend. |
8.04
+0.59 (+7.92%)
FUELCELL ENERGY INC / FCEL FAQ
What is the technical rating for FCEL stock?
ChartMill assigns a technical rating of 4 / 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 51.8189. 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 -0.064415, 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 8.04 and a resistance level at 8.77. Check the full technical report for our detailed analysis of FCEL support and resistance levels.