Technical Analysis: FCEL's technical indicators show mixed signals. RSI-14 at 44.43 indicates neutral momentum, while MACD (-0.61) suggests bearish pressure with a slight positive divergence (MACD histogram: 0.08). The stock is trading below all major moving averages (SMA 20: 7.89, SMA 60: 9.59, SMA 200: 14.46), indicating a broader downtrend.
News Impact: Recent positive catalysts include:
Price Projection for Next Week: Based on Fibonacci levels and current technical setup:
Price Target and Recommendation: Expected trading range: $7.40-$8.10
RECOMMENDATION: HOLD The stock shows consolidation patterns with mixed technical signals. While recent positive news provides fundamental support, the overall technical trend remains bearish. Current price levels suggest limited upside potential in the short term.
The price of FCEL is predicted to go up -26.79%, based on the high correlation periods with ENVX. The similarity of these two price pattern on the periods is 98.44%.
FCEL
ENVX
Year
FCEL Price Forecast($)
Potential Return(%)
2025
8.000
-26.270
2026
12.500
62.760
2027
12.000
56.250
2028
15.000
95.310
2029
5.000
-34.900
2030
15.000
95.310
Jefferies
2024-12-20
Price Target
$15 → $8.4
Downside
-19.39%
Wells Fargo
2024-11-13
Price Target
$30 → $5
Downside
-16.11%