Is FuelCell Energy Inc (FCEL) a Stock to Watch After Gaining 6.99% This Week?

The market has been neutral on FuelCell Energy Inc (FCEL) stock recently. FCEL gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

FuelCell Energy Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on FCEL!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With FCEL Stock Today?

FuelCell Energy Inc (FCEL) stock is trading at $3.98 as of 1:30 PM on Thursday, May 26, an increase of $0.35, or 9.66% from the previous closing price of $3.63. The stock has traded between $3.54 and $4.05 so far today. Volume today is 14,004,849 compared to average volume of 14,986,721. 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. Click Here to get the full Stock Report for FuelCell Energy Inc stock.