FuelCell Energy stock: buy or sell

FCEL stock price: $15.84 -10.00% At close on Jan 15th, 2021

Updated on:
Jan 18th, 2021

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FuelCell Energy stock brief

  • FuelCell Energy closed last Friday at $15.84 after collapsing a -10.00% and broke a streak of 7 sessions in positive.
  • FuelCell Energy is presenting its earnings report on Wednesday
  • From the chart point view, price is drawing a scaled uptrend since last October with higher tops and higher bottoms. Up to date, the uptrend made a 902.53% profit since the beginning of this rally
  • JPMorgan Chase & Co. posted a sell rating for FuelCell Energy last Thursday, with a forecast of $10.00
  • FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.

Should I buy FuelCell Energy stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $FCEL stock a buy?

Currently, FuelCell Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $FCEL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell FuelCell Energy stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies give us the ability us to avoid impulsive decisions based on our feelings or the noise surrounding the market. We like very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups should not be used for selling short $FCEL stock

As a rule of thumb, you should not hold an open trade that yields losses greater than those expected upon purchase. The timing to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell FuelCell Energy stock?

In the current situation of FuelCell Energy there is not any eligible sell setup, so FuelCell Energy stock holders with operations in green can keep their positions

FuelCell Energy ratings

In the last month, 2 brokerage ratings were published for FuelCell Energy

FuelCell Energy analysts' ratings - Last 30 days
Brokerage firmRating
Jan 7th, 2021
Jefferies Financial Group Neutral
Jan 14th, 2021
JPMorgan Chase & Co. NeutralSell

FuelCell Energy stock analysis

Since last October, FuelCell Energy has been drawing an uptrend that by now marked an amazing 902.53%. During this uptrend, the price offered some buy points on the breakouts. Latest low was in early December, when price bounced at $6.52. Currently, the price swings in a consolidation between its last top ($20.94) and its last bottom ($6.52)

SMAs overview

FCEL stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $15.96 (0.76% above)
  • R2: $16.20 (2.27% above)
  • R3: $16.44 (3.79% above)
  • The current support levels are:

  • S1: $15.48 (-2.27% below)
  • S2: $15.00 (-5.30% below)
  • S3: $14.64 (-7.58% below)
  • Bollinger bands

    Since the price surpassed the upper band last Wednesday, the price dropped by 24.36%

    FCEL stock Bollinger Bands chart

    Relative strength index

    After crossing up the line of 70 yesterday, dropped back below with a value of 62.6. This is a signal of weakness for the stock and it must raise our awarness of weakness in the price action

    FCEL stock RSI chart

    FuelCell Energy stock price history

    FuelCell Energy went public priced at an adjusted price1 of $213.14 on Jun 1992. Since then, FCEL stock declined by -92.57%. If you had invested $1,000USD in FuelCell Energy stock on Jun 1992, it would worth $74.32 today.

    1: Adjusted price after possible price splits or reverse-splits

    FCEL stock price history chart

    Price target for FuelCell Energy stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions publish their price target based on the stock price action and the company fundamental data. Most of these predictions follow the release of new financial information by the company, and many times. Again, these targets are not direct recommendations for small traders and must not be trusted blindly.

    There is just one price target issued for FuelCell Energy that forecasts a price of $10.00.

    FuelCell Energy stock price predictions
    Brokerage firmPrice target
    Jan 7th, 2021
    Jefferies Financial Group Not available
    Jan 14th, 2021
    JPMorgan Chase & Co. $10.00

    Earnings and financials

    FuelCell Energy ($FCEL) is hosting the earnings call on Wednesday.

    Earnings reporting day has a more than usual risk for traders as the results posted can jump up or down the price with lower liquidity and not respecting your buy or stop-loss orders. It's always good to review company's website to confirm time and details about the earnings call and the earnings report.

    In September 2020, FuelCell Energy ($FCEL) had the quarterly financial call and posted the report. FuelCell Energy missed analysts estimates and posted of $-0.08, that is a -33.33% lower than the predictions of $-0.06.

    This compares to Earnings of $-2.06 per share same quarter last year, so reported EPS is an increase of 96.12%.

    FuelCell Energy performance

    FCEL performance compared
    Company1m3m6m
    FuelCell Energy ($FCEL) 91.50% 551.90% 446.20%

    Please read:
    The viewpoints published in this post are personal and not recommendations for you to buy or sell stocks. The author of this text does not have an understanding of the particular conditions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for educative motives only

    FuelCell Energy summary

    Friday, January 15th, 2021
    Open$16.57
    Close$15.84
    Day range$15.25 - $16.99
    Previous close$17.6
    Session gain-10.00%
    Average true range$2.69
    50d mov avg$8.79
    100d mov avg$5.56
    200d mov avg$3.93
    Earnings dateJanuary 20th, 2021

    Frequently asked questions

    What is FuelCell Energy stock symbol?

    FuelCell Energy, Inc. is a public company trading in the US stock market with the FCEL symbol

    Is FuelCell Energy stock a buy or sell?

    FuelCell Energy received 2 ratings in the last 30 days: 0 bullish, 1 bearish and 1 neutral.

    Will FCEL go up?

    FuelCell Energy had different price predictions issued by analysts in the last 4 weeks setting the target price to $10.00. That is a 36.87% than the current price ($15.84).