FuelCell Energy: What is the market doing?
FuelCell Energy: Sentiment among investors is top
Fuelcell Energy has been rated as particularly positive by predominantly private users in social media over the past two weeks. To this conclusion our editors come with the evaluation of the various comments and word messages, which dealt with this value in the past two weeks. In the past few days, predominantly neutral topics were addressed around the value. In summary, we believe investor sentiment at this level therefore permits a Buy rating. Therefore, the measure of investor sentiment generates an overall “Buy” rating.
Technical analysis of current price
Comparing the moving average of Fuelcell Energy’s closing price over the last 200 trading days (GD200) of $4.23 with the current price ($3.26), we find a divergence of -22.93 percent. This gives the stock a “Sell” rating from a chart perspective for the GD200. Let’s look at the moving average of the closing price of the last 50 trading days (GD50). For this stock ($3.33), the last closing price is close to the moving average (-2.1 percent). Thus, this case results in a different rating for Fuelcell Energy stock, namely a “hold” rating. Overall, this gives the company a “hold” rating for the simple chart technique.
FuelCell Energy: Where is the RSI trending?
The Relative Strength Index (shortRSI) relates the upward and downward movements of an underlying stock over time, making it a good indicator of overbought or underbought stocks. The last 7-day RSI for Fuelcell Energy stock has a value of 87.76. On this basis, the stock is thus overbought and receives a “Sell” rating. We now compare the 7-day RSI with the value of the RSI on a 25-day basis (46.18). Contrary to the RSI7, Fuelcell Energy is neither overbought nor -sold here. For the RSI25, the security is therefore rated as “Hold”. In sum, this results in a “Sell” rating for Fuelcell Energy according to RSI valuation.
Sentiment with buy signal
The Internet can strengthen or even turn sentiments. Depending on the intensity of discussion, i.e., the number of word posts on social media and the frequency and depth of the change in sentiment, new ratings for stocks emerge. For Fuelcell Energy, we measured medium activity over the long term in terms of discussion intensity and assign a Hold rating to this signal. The rate of change in sentiment experienced a positive change over this period. We therefore arrive at an overall “Buy” rating for the long-term sentiment picture.