FUELCELL ENERGY INC (FCEL) Stock Technical Analysis
USA - NASDAQ:FCEL - US35952H7008 - Common Stock
Taking everything into account, FCEL scores 5 out of 10 in our technical rating. In the last year, FCEL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
FCEL has an average technical rating and it also does not offer a high 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.
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4.01
3 important support areas can be observed.
- A support zone ranging from 7.62 to 7.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.15 from a trend line in the weekly time frame.
- Support @4.05 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.46 to 8.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.06 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 | UP | POSITIVE | The long term trend for FCEL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCEL is down. |
| ChartMill Relative Strength | 74.86 | POSITIVE | FCEL has a high relative strength, it outperformed 74.86% 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) | UP | POSITIVE | The current price of FCEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FCEL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.72 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests FCEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.82 | OVERSOLD | The low Stochastics value suggests FCEL may be oversold. |
| Average True Range in percent/ATR (20) | 12.87 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for FCEL suggests a strong trend. |
7.63
-0.26 (-3.3%)
FUELCELL ENERGY INC / FCEL FAQ
What is the technical rating for FCEL stock?
ChartMill assigns a technical rating of 5 / 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 43.721. 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 -0.37815, 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 hold as the short term and long term trends are mixed.