FUELCELL ENERGY INC (FCEL) Stock Technical Analysis
NASDAQ:FCEL - US35952H7008 - Common Stock
4.34 USD
-0.02 (-0.46%)
4.38 USD
+0.04 (+0.92%)
We assign a technical rating of 0 out of 10 to FCEL. FCEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FCEL is a bad performer in the overall market: 96% of all stocks are doing better.
FCEL is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 80% are performing better than FCEL.
FCEL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
FCEL has an average volume of 1847600 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 3.78 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
3.68
7.21
When analyzing the support we can see 2 important areas.
- Support @3.94 from a trend line in the daily time frame.
- Support @3.72 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.35 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.45 from a trend line in the daily time frame.
- Resistance @7.14 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 | 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 | 4.42 | NEGATIVE | FCEL has a low relative strength, it was outperformed by 95.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FCEL is above 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) | 45.05 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FCEL has a positive trend. |
| Stochastics (14,3) | 75.89 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.69 | NEGATIVE | The low ADX value for FCEL suggests a weak or negative 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)
4.34
-0.02 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.46%
1 Week9.05%
2 Weeks2.6%
1 Month-12.5%
3 Month-15.07%
6 Month-24.78%
12 Month-64.26%
2 Year-89.67%
3 Year-96.55%
5 Year-94.91%
10 Year-99.88%
15 Year-99.91%
Volatility
ATR(14)0.23
ATR(20)%5.49%
ATR Inc-26.61%
Range Today0.15
ADR(20)0.23
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.42
Mansfield-4.7
10 Day High4.53
10 Day Low3.78
20 Day High5
20 Day Low3.78
52 Week High16.1
52 Week Low3.58
CS1 End3.94
CR1 Start4.35
Volume & EV
DER(3)10.06%
DER(5)5.49%
Volume798.10K
Volume Incr-16.01%
Vol(5)1.26M
Vol(50)1.85M