FUELCELL ENERGY INC (FCEL) Technical Analysis
NASDAQ:FCEL • US35952H7008
Current stock price
FCEL Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to FCEL. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- FCEL has an average volume of 1477830 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 76% 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 58% 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.
- In the last month FCEL has a been trading in the 6.17 - 7.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FCEL Weekly and Daily overview Charts
FCEL Setup Rating and Analysis
Although the technical rating is bad, FCEL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 6.52, a Stop Loss order could be placed below this zone.
More info and screens
FCEL Support and Resistance Analysis
4.39
We found 4 important support areas.
- A support zone ranging from 6.49 to 6.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.34 from a trend line in the daily time frame.
- Support @6.22 from a horizontal line in the daily time frame.
- Support @4.43 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.11 to 7.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.73 from a trend line in the daily time frame.
- Resistance @9.81 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 | NEUTRAL | NEUTRAL | The short term trend for FCEL is neutral. |
| ChartMill Relative Strength | 76.53 | POSITIVE | FCEL has a high relative strength, it outperformed 76.53% 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) | UP | MIXED | The current price of FCEL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for FCEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FCEL has a positive trend. |
| Stochastics (14,3) | 20.7 | NEUTRAL | The Stochastics value for FCEL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for FCEL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for FCEL suggests a possible start of a new trend. |
FCEL Chart- and CandleStick Pattern Analysis
FCEL Technicals: Chart, Performance Metrics, Trend & Indicators
6.55
+0.14 (+2.18%)
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.
What is the RSI signal for FCEL stock?
FUELCELL ENERGY INC (FCEL) has an RSI value of 44.439. This indicates that the stock is currently neutral.
What is the short term momentum for FUELCELL ENERGY INC (FCEL) stock?
The short term momentum for FUELCELL ENERGY INC (FCEL) is neutral.
What is the support and resistance level for FCEL stock?
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.