FuelCell Energy Inc (FCEL) stock is down 10.12% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
FuelCell Energy Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FCEL!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With FCEL Stock Today?
FuelCell Energy Inc (FCEL) stock is trading at $3.82 as of 10:05 AM on Thursday, Sep 22, a loss of -$0.12, or -2.93% from the previous closing price of $3.93. The stock has traded between $3.80 and $3.97 so far today. Volume today is below average. So far 972,062 shares have traded compared to average volume of 12,261,159 shares.
To see InvestorsObserver's Sentiment Score for FuelCell Energy Inc click here.
More About FuelCell Energy Inc
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products, which efficiently convert chemical energy in fuels into electricity through a series of chemical reactions. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.
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